Overview: The 3iQ CoinShares Bitcoin ETF (BTCQ) is a Canadian spot Bitcoin ETF trading on the Toronto Stock Exchange.
Investment Focus: Directly invests in and holds physical Bitcoin, providing exposure to Bitcoin's price in Canadian dollars.
Accessibility: Trades on TSX under ticker BTCQ (CAD) and
Overview
The 3iQ CoinShares Bitcoin ETF (BTCQ) is a Canadian spot Bitcoin ETF trading on the Toronto Stock Exchange.
Investment Focus
Directly invests in and holds physical Bitcoin, providing exposure to Bitcoin's price in Canadian dollars.
Accessibility
Trades on TSX under ticker BTCQ (CAD) and BTCQ.U (USD), eligible for TFSA and RRSP accounts.
Management and Fees
1.00% management fee.
Background
3iQ Corp is a Canadian digital asset fund manager that launched one of the world's first publicly traded Bitcoin funds in 2020.
Partner
Collaborates with CoinShares, Europe's largest digital asset investment firm.
Regulation
Regulated by the Ontario Securities Commission (OSC).
Custody
Uses Gemini Trust Company for segregated cold storage of Bitcoin.