{"id":155311,"date":"2021-01-15T15:39:39","date_gmt":"2021-01-15T12:39:39","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/canadas-first-public-bitcoin-fund-hits-1-billion\/"},"modified":"2021-01-15T15:39:39","modified_gmt":"2021-01-15T12:39:39","slug":"canadas-first-public-bitcoin-fund-hits-1-billion","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/canadas-first-public-bitcoin-fund-hits-1-billion\/","title":{"rendered":"# Canada\u2019s first public Bitcoin fund hits $1 billion"},"content":{"rendered":"<p>&#8220;<strong># Canada\u2019s first public Bitcoin fund hits $1 billion <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvYzgwYjdkNDQtNzAwZC00NTlhLTljNjYtMTRmZjNlZGNmM2ZmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Canadian regulated digital asset manager 3iQ has recorded another massive milestone of its public Bitcoin (BTC) fund.<\/p>\n<p>On Jan. 14, 3iQ\u2019s Bitcoin Fund (QBTC) hit the $1 billion mark, the company <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/3iq_corp\/status\/1349876002323763200?s=20\">announced<\/a> on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>. The new milestone demonstrates QBTC\u2019s parabolic growth after 3iQ launched the fund in April 2020. QBTC is now up 900% from its previous milestone of $100,000 recorded in October 2020.<\/p>\n<p>As previously reported, 3iQ\u2019s QBTC is Canada&#8217;s first public Bitcoin fund listed on a major stock exchange, the Toronto Stock Exchange. Cameron and Tyler Winklevoss&#8217; Gemini provides custody services for 3iQ\u2019s QBTC.<\/p>\n<p>At publishing time, QBTC.U is trading at <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/money.tmx.com\/en\/quote\/QBTC.U\">$48.63<\/a>, up 330% from $11 when it was listed in April.<\/p>\n<p>3iQ is <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>arently one of the largest cryptocurrency firms in Canada. In January 2018, 3iQ reportedly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/betakit.com\/3iq-first-firm-to-have-osc-and-csa-approved-crypto-fund\/\">became<\/a> the first crypto fund regulated by the Ontario Securities Commission and the Canadian Securities Administrators. In February 2020, 3iQ also partnered with blockchain startup Mavennet to launch a stablecoin pegged to the Canadian dollar that will be regulated by the Financial Transactions and Reports Analysis Centre of Canada.<\/p>\n<p>3iQ\u2019s former senior executive Shaun Cumby is now also the CEO of Arxnovum, a company that on Jan. 11 filed an application with OSC for a Bitcoin exchange-traded fund. Winklevoss\u2019 Gemini will also provide its custody for the Arxnovum\u2019s Bitcoin ETF.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/canada-s-first-public-bitcoin-fund-hits-1-billion\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Canada\u2019s first public Bitcoin fund hits $1 billion &#8221; Canadian regulated digital asset manager 3iQ has recorded another massive milestone of its public Bitcoin (BTC) fund. On Jan. 14, 3iQ\u2019s Bitcoin Fund (QBTC) hit the $1 billion mark, the company announced on Twitter. The new milestone demonstrates QBTC\u2019s parabolic growth after 3iQ launched the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":155312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/c80b7d44-700d-459a-9c66-14ff3edcf3ff.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,76582,74864,74866,117,22974,27142],"class_list":["post-155311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-digital-asset-management","tag-gemini","tag-winklevoss-twins","tag-business","tag-canada","tag-toronto"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/155311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=155311"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/155311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/155312"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=155311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=155311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=155311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}