It turned out that the Ethereum (ETH) ETF, which Canada’s largest digital asset management company 3iQ applied for in partnership with the UK’s large cryptocurrency investment company CoinShares, was approved on the 23rd and listed on the Toronto Stock Exchange. In addition to this case, there are a total of four Ethereum ETFs approved in Canada. Coinpost reported this on the 24th.
This ETF is traded under the ticker symbols ETHQ U (U.S. Dollar) and ETHQ (Canadian Dollar).
The two companies also had a joint Bitcoin (BTC) ETF listed on the Toronto Stock Exchange with the approval of the authorities. In addition, 3iQ Corp’s The Bitcoin Fund, which was recently listed on the Toronto Stock Exchange, was approved by Dubai regulators and listed on the stock exchange’Nasdaq Dubai’, the Dubai branch of NASDAQ, in the second quarter. Reported to be.
Canada’s Ethereum ETF was approved by the authorities on the 20th of the Ethereum ETF applied by three investment companies, including Purpose Investments, CI Global Asset Management, and Evolve Funds. In Canada, not only Bitcoin ETFs, but also altcoin ETFs have been realized, the sense of speed is drawing attention from the industry.
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Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.