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3iq Files IPO for Ether Fund to Trade on Canadian Stock Exchange


3iq has filed for an initial public offering (IPO) of its Ether Fund in Canada. The Canadian fund manager’s Bitcoin Fund is already trading on the Toronto Stock Exchange. The Ether Fund has been preliminarily green-lighted by a Canadian regulator. Ether Fund’s IPO Canadian investment...

Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8


The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported...

'New World of Bitcoin' as it 'Re-Couples' with Stocks - Asset Manager


Bitcoin (BTC) and S&P 500 markets are "re-coupled," says a digital asset manager, which he argues brings forth a new normal for the market. Despite bitcoin proponents often referring to the popular digital asset as an uncorrelated asset, the discussions about whether it really...

Grayscale Buys 33% of All Bitcoin Mined in Last Three Months


Grayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies. The investment fund added 60,762 BTC to its Bitcoin Trust Fund between February 7 and May 17, a researcher posted on Reddit....

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