30-10-2019 23:00 via newsbtc.com

Regulated Bitcoin Fund Coming to Canada Following Battle with Securities Commission

Retail investors in Canada will soon be able to get exposure to Bitcoin through a fully-regulated, closed-end fund. The world first, as it is being described, is the result of a battle between fund manager 3iQ and the Ontario Securities Commission.
The imaginatively-titled “The Bitcoin Fund” should be available to Canadian retail investors later this year. It is expected to be listed for trading on a major Canadian stock exchange.
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