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Options trading now available for CI's Bitcoin ETF | Investment Executive


CI Global Asset Management’s new Bitcoin fund is now listed for options trading.
The TMX Group began listing options of the Canadian-dollar unhedged units of the CI Galaxy Bitcoin ETF on the Montreal Exchange on April 22.
The ETF, which launched in March, invests directly in Bitcoin with its holdings priced using the Bloomberg Galaxy Bitcoin Index, which is designed to measure the performance of a single Bitcoin traded in U.S. dollars. The fund has a management fee of 0.95%.
See the CI GAM release for the full initial options schedule and strike prices.
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Options trading now available for CI's Bitcoin ETF

Options trading now available for CI's Bitcoin ETF
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3 Bitcoin ETFs Have Been Approved in North America – Regulation Bitcoin News


3 Bitcoin ETFs Have Been Approved in North America
There are now three bitcoin exchange-traded funds (ETFs) in North America, all approved within the past month by Canada’s securities regulators. They are currently trading on the Toronto Stock Exchange. The latest approved bitcoin ETF, backed by Mike Novogratz’s Galaxy Digital, began trading Tuesday.
3 Bitcoin ETFs in Canada
Canada’s securities regulators have approved three bitcoin exchange-traded funds (ETFs) within the past month. The first approved North American bitcoin ETF was Purpose Bitcoin ETF, followed by Evolve Bitcoin ETF. Both are now trading on the Toronto Stock Exchange (TSX).
The third one is CI Galaxy Bitcoin ETF, which started trading on the TSX exchange Tuesday. This bitcoin ETF is trading under the ticker symbols BTCX.B and BCTX.U. The former trades unhedged in Canadian dollars while the latter trades in U.S. dollars. The announcement describes: ....

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