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3iQ Given The Green Light To Offer Bitcoin Fund

Ramsey Baker

Summary: 3iQ, the Toronto-based investment fund manager, is now able to offer retail investors in Canada a regulated and publicly traded Bitcoin (BTC) fund. 3iQ announced the Ontario Securities Commission’s (OSC) decision on Wednesday. The closed-end Bitcoin fund is likely to be offered on a major Canadian stock exchange by the end of the year. Canada’s ...

3iQ, the Toronto-based investment fund manager, is now able to offer retail investors in Canada a regulated and publicly traded Bitcoin (BTC) fund.

3iQ announced the Ontario Securities Commission’s (OSC) decision on Wednesday. The closed-end Bitcoin fund is likely to be offered on a major Canadian stock exchange by the end of the year. Canada’s market regulators originally ruled against 3iQ’s request to launch, before 3iQ appealed and eventually won.

By Ramsey Baker

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