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Alberta may have the potential to become a new crypto hub in Canada

DeFi Token Yearn.Finance Outperforms Bitcoin, Grows Over 40% Overnight Benzinga 4 hrs ago decentralized finance (DeFi) protocol Popular Searches This places the token's value above that of Bitcoin's (CRYPTO: BTC), with each YFI being equivalent to over 1.26 BTC as the top cryptocurrency is currently priced at about $38,200. Chief executive officer of crypto investment firm Ether Capital Brian Mosoff told Coindesk that "DeFi tokens, like most altcoins, are lower market capitalized, possess lower liquidity and thus have higher volatility."  “This past week saw a sharp decline, with thes...

Purpose Investments Launches Bitcoin ETF, Invested Directly in Digital Asset Purpose Investments has made a Bitcoin ETF, backed by physically settled Bitcoin, available to investors. The Canadian dollar-denominated ETF non-currency hedged units and U.S. dollar denominated ETF non-currency hedged units of Purpose Bitcoin ETF begin trading today on the Toronto Stock Exchange under the ticker BTCC.B and BTCC.U, respectively. With a management fee of one per cent per annum, Purpose believes the ETF represents the simplest, most efficient and most affordable way for investors to gain direct exposu...

Article content TORONTO, April 16, 2021 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose Investments” or “the Company”) is pleased to announce that it has been cleared by Canadian securities regulators to launch the Purpose Ether ETF (the “ETF”), the first direct custody Ether ETF in the world. The ETF is designed to provide investors with exposure to the popular cryptocurrency, Ether, by investing directly in physically settled Ether tokens. The ETF will offer three classes of units: Canadian dollar currency hedged units (ETHH), Canadian dollar non-currency hedged units (E...

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Canadian asset managers are racing to launch the world’s first cryptocurrency exchange-traded fund that tracks the price performance of Ether, after regulators approved multiple investment funds. On Friday, Purpose Investments Inc., Evolve Funds, and CI Global Asset Management were all cleared by the Ontario Securities Commiss...