Raging success of first Bitcoin fund shows Canada's lead in ETF market
Canada has quietly built a reputation for ETF product development
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Canada has quietly built a reputation for ETF product development
The City of Toronto is planning to bring the coronavirus vaccine to high-risk workplaces in an effort to stop the spread of the virus, the city’s mayor said Monday as pressure mounted on the province to vaccinate essential workers. Mayor John Tory says the city is currently developing the details of the plan, which will […] April 6, 2021 April 6, 2021 15:00 The federal government should embrace “aggressive incrementalism” on their promised path toward a national childcare system and quickly build on what’s already there rather than push wholesale change, according to a new report ...
Canada has quietly built a reputation for ETF product development
News With only two full days of trading under its belt, the first Bitcoin (BTC) exchange-traded fund in North America reached more than $400 million in volume and is expected to go even higher. According to a tweet from Bloomberg analyst Eric Balchunas, the Bitcoin exchange-traded fund, or ETF, recently debuted by Canadian firm Purpose Investments is likely to hit $1 billion in assets under management by Feb. 26. His prediction came prior to Purpose reporting its Bitcoin ETF traded $421.8 million between the time when it was first listed on the Toronto Stock Exchange, or TSX, on Feb. 18 and...
Select altcoins continue to move higher as traders attempt to push Bitcoin price to $60,000.