CI Global Asset Management Launches Bitcoin Mutual Fund in Canada
Through the fund, Canadian investors would be able to access the bitcoin market at what CI said was an industry-low management fee.
This is the second 3iQ and CoinShares ETF to launch on the TSX this week.
3iQ has received regulatory clearance for the dual listing of its bitcoin ETF on Nasdaq Dubai.
"Reaching $1 billion in only three weeks speaks to the enormous market demand for bitcoin," said Fred Pye, CEO of 3iQ.
The Canadian mining firm’s project will be able to power some 55,000 new-generation mining machines.
A trio of ether ETFs were approved by Canadian regulators last week.