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Less than a month after becoming the second firm to secure approval from Canadian regulators to list a Bitcoin (BTC) exchange-traded fund, Evolve is looking to debut an Ether (ETH) ETF product in Canada.According to a Tuesday press release, the company has filed a preliminary prospectus with Canadian regulators for
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In an announcement on Wednesday, VersaBank said it plans to launch a digital currency called VCAD, which will reportedly be backed by Canadian dollars deposited with the bank. The Canadian bank claimed that VCAD would effectively be "the first digital currency to represent a fiat currency" issued and backed by
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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
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The Ontario Securities Commission (OSC) has approved Canada’s second bitcoin exchange-traded fund (ETF). Evolve’s bitcoin ETF was conditionally approved on Tuesday to trade on the Toronto Stock Exchange, the company announced in a press release. “Evolve was the first to file for a bitcoin ETF in the U.S.,” said James Seyffart, ETF
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North America’s second Bitcoin (BTC) exchange-traded fund received regulatory approval on Tuesday, offering another potential entry point for institutional investors to access digital assets.Less than three weeks after filing a preliminary prospectus for a Bitcoin ETF, Evolve Funds Group Inc announced Tuesday that its fund has been approved by the Ontario
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The first bitcoin exchange-traded fund (ETF) in North America has been given the go-ahead by Canada’s financial regulator.According to a decision document on Thursday, the receipt of approval from the Ontario Securities Commission was filed under a Multilateral Instrument passport system in multiple Canadian jurisdictions.Those territories include British Columbia, Alberta,
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The bitcoin fund is available in both U.S. dollars and Canadian dollars and is listed on the Toronto Stock Exchange. Source
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Stephen Harper, an economist and the former prime minister of Canada, said bitcoin could potentially see use as a reserve currency, but isn’t going to supplant the U.S. dollar’s international role.In an interview with Cambridge House’s Jay Martin on Sunday, Harper acknowledged that the dollar had been on a downtrend,
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The digital asset manager also reached C$1 billion in net asset value this week. Source
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NexTech's Evan Gappelberg is the latest CEO to use company treasury funds to buy bitcoin. Source
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