Horizons ETFs Management (Canada) filed to launch what could be the country’s first cryptocurrency exchange-traded fund tracking the price performance of Bitcoin, according to a filing with the Ontario Securities Commission. (The Globe and Mail)
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Horizons ETFs Management (Canada) filed to launch what could be the country’s first cryptocurrency exchange-traded fund tracking the price performance of Bitcoin, according to a filing with the Ontario Securities Commission. (The Globe and Mail)
Talking point: It’s the second OSC filing in the last month from a firm wanting to give retail investors a chance to get into Bitcoin via an ETF, following one from Arxnovum Investments. (The OSC has yet to approve either application.) The cryptocurrency’s value has been volatile, surging to US$20,000 in 2017 before falling by more than 85 per cent the following year. It reached a new all-time high at US$40,000 at the beginning of this year.
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