A bitcoin ETF managed by Galaxy Digital expects to go live in Canada tomorrow. The announcement indicated that the product would list on March 9, 2021, making it the third Canadian bitcoin ETF to do so the last two months, though regulatory approval is still pending. The first North American bitcoin ETF was listed in February by Purpose Investment (with $200 million worth of shares sold on its first day). This newly-announced product will be managed by CI GAM, with digital assets financial services firm Galaxy Digital Capital Management (GDAM) acting as “the bitcoin sub-advisor” for the product, per the announcement. “As sub-advisor GDAM will execute bitcoin trading on behalf of the ETF,” per the announcement. “GDAM is the asset management arm of Galaxy Digital, a diversified financial services firm dedicated to the digital asset and blockchain technology sector.”