Canadian Asset Manager 3iQ Launches World's First Ether-Backed ETF
Last Updated: 11 December 2020 With the crypto market rallying in 2020, it has been a pretty good year for crypto-backed financial products. The Canadian investment management firm 3iQ announced the launch of its flagship Ether-backed exchange-traded fund (ETF). –The funds will list on the Toronto Stock Exchange, allowing investors to gain exposure to the fledgling crypto asset class. A Good Day Despite Slight Hiccups The Ether ETF provides investors with exposure to Ether without purchasing, selling, or storing the asset for themselves. The coins backing the shares will be held by Gem...
Source: insidebitcoins.com