Evolve Becomes Second Canadian Issuer to Win Approval for Bitcoin ETF yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Evolve set to launch its Bitcoin ETF | Investment Executive investmentexecutive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentexecutive.com Daily Mail and Mail on Sunday newspapers.
Canada Approves Evolve to Launch Physically-Settled Bitcoin ETF
Canada Approves Evolve to Launch Physically-Settled Bitcoin ETF
This is the second Bitcoin ETF receiving approval in Canada.
Arnab Shome
2021-02-17T09:08:09+00:00
2021-02-17T09:36:59+00:00 Photo: FM
Evolve Funds Group Inc., has become the second Canadian company to receive regulatory approval for a Bitcoin exchange-traded fund (ETF) and is now seeking the permission of the Toronto Stock Exchange for listing.
Tuesday’s announcement detailed that the fund will be physically-settled, meaning investors will receive Bitcoins when they exit from the investments. This reduces the slippage risk, which is a major issue with the cash-settled instruments.
Evolve cleared to launch Bitcoin ETF | Advisor s Edge advisor.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advisor.ca Daily Mail and Mail on Sunday newspapers.