A $10 million offering of Class A Units at a price of US $11.71 per share of the Bitcoin Fund (QBTC.U) has completed this Friday following a $40 million offering in April according to 3iQ, the investment fund manager and portfolio manager.
The bitcoin fund has began trading on the Toronto Stock Exchange with 3iQ stating the fund aims to provide exposure to bitcoin and its dollar price movement as well as to provide an opportunity for long-term capital appreciation. They say:
Gain access.
