Express

3iQ's Bitcoin Fund Will Soon Start In-Kind Annual Redemptions

Mary Liu

Summary: 3iQ, an investment fund management company based in Canada, announced on Monday that the in-kind annual redemptions for its Bitcoin fund (QBTC) will soon available.  Holders of 20,000 shares or more who have opened accounts with Gemini Trust Company, the sub-custodian of the fund, can redeem their ETFs in exchange for Bitcoin with the consent ...

3iQ, an investment fund management company based in Canada, announced on Monday that the in-kind annual redemptions for its Bitcoin fund (QBTC) will soon available. 

Holders of 20,000 shares or more who have opened accounts with Gemini Trust Company, the sub-custodian of the fund, can redeem their ETFs in exchange for Bitcoin with the consent of the fund manager.

Bitcoins delivered based on physical redemption will be valued based on the unit’s net asset value, and the fund’s first annual redemption date is the first business day after June 15, 2021.

By Mary Liu

Last Update:

Tags: ,,
Link: 3iQ's Bitcoin Fund Will Soon Start In-Kind Annual Redemptions   [Copy]
Next:

Related Articles

  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 3 hours ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 17 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 22 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025

    • You need to login to comment.