Toronto Stock Exchange’s Listing Of Bitcoin Fund… Major Impact On Crypto?
Toronto Stock Exchange’s Listing of Bitcoin Fund Can Have a Major Impact on Crypto
“Currently trading under the name, ‘The Bitcoin Fund,’ the offering has around 1.5 million Class A ‘QBTC.U’ shares available on the Toronto Stock Exchange, or TSX. At press time, each share is trading for around $12. The price indexes being used by the fund are from crypto data company CryptoCompare and VanEck Europe subsidiary MV Index Solutions. 3iQ is serving as the fund’s investment and portfolio manager.
Following this news, a number of prominent members from the global crypto community came forth to express their pleasure with the development. For example, crypto investor and entrepreneur Tyler Winklevoss posted a tweet stating that the launch of 3iQ’s BTC Fund on TSX was a historic event, to say the least.”