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Canadian Bitcoin Fund Receives Status as Mutual Fund Trust
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Canadian Bitcoin Fund Receives Status as Mutual Fund Trust

  #1 (permalink)
Atlanta, GA
 
 
Posts: 12 since Aug 2018
Thanks: 2 given, 8 received

Canadian Bitcoin Fund Receives Status as Mutual Fund Trust

Canada’s “first” and “only” regulated Bitcoin (BTC) fund First Block Capital Inc. has obtained mutual fund trust status, allowing investors to put their fund units in self-directed registered accounts, according to a press release published September 10.

https://cointelegraph.com/news/canadian-bitcoin-fund-receives-status-as-mutual-fund-trust

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  #2 (permalink)
Montreal, Qc, Canada
 
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Virtuose1's Avatar
 
Posts: 52 since Jun 2011
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There is another option as well in Canada which is the fund from 3IQ
https://3iq.ca/3iq-global-cryptoasset-fund/

Unfortunatly the MER is very high at 2.95% and not pure Bitcoin (about 50% Bitcoin, 35% Ether, 15% Litecoin) but I think it is the only way for Canadians to hold Bitcoins in a registered account.

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