Scotiabank in Canada partners with 3iQ to launch a multi-asset cryptocurrency ETF

BTC6,25%
ETH7,42%
SOL5,24%
XRP4,12%

PANews March 5 News, according to Cointelegraph, one of Canada’s Big Five banks, Scotiabank, has partnered with digital asset management firm 3iQ to launch a new multi-asset cryptocurrency ETF. The fund is managed by Scotiabank’s asset management company Dynamic Funds and will be traded on Cboe Canada under the ticker DXMC, providing investors exposure to digital assets such as Bitcoin, Ethereum, Solana, and XRP. The fund has a fee rate of 0.25% and is valid until March 1, 2027.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Sui stablecoin USDsui officially launched: government bond yields will flow back into the ecosystem and support the SUI buyback mechanism

The native stablecoin of the Sui blockchain, Sui Dollar (USDsui), is now live. Issued by Bridge, it aims to channel reserve asset yields back into the Sui ecosystem. USDsui allocates part of its earnings for SUI token buybacks or investments in DeFi protocols, intending to promote liquidity and ecosystem growth. The Sui team hopes to change the traditional stablecoin yield distribution model through this initiative and strengthen the DeFi value cycle.

GateNews30m ago

Tether leads AI sleep technology company Eight Sleep's $50 million funding round, valuing it at $1.5 billion

Tether leads $50 million funding round for Eight Sleep, valuing the company at $1.5 billion, focusing on sleep health products. The two parties will collaborate on developing AI-driven health technology, with Eight Sleep planning to launch an AI agent to optimize sleep experiences and advance related FDA filings.

GateNews1h ago

The six major banks enter Bitcoin ETF, Morgan Stanley locks in Coinbase as dual custodian

Morgan Stanley updates its S-1 filing with the SEC, designating Coinbase Custody and BNY Mellon as its dual custodians for the Bitcoin ETF. This move marks an important step in Morgan Stanley's digital asset strategy, and if approved, will expand its ETF market participation. At the same time, Coinbase continues to maintain a dominant position in the U.S. spot Bitcoin ETF market.

MarketWhisper2h ago

NERO Chain announces strategic partnership with Taisys to jointly promote next-generation wallet certification

NERO Chain has signed a strategic cooperation agreement with security technology company Taisys to enhance the security and user experience of on-chain services. This collaboration will combine enterprise security standards with Web3 infrastructure to provide a more intuitive and secure digital wallet solution.

GateNews2h ago

Base designates AI Agents and robots as the next frontier of technology, calling on developers to join.

The AI agent platform of the Base ecosystem, Virtuals Protocol, has launched the "Base Batches 003: Robotics" project, aimed at promoting the development of AI agents in the robotics field, supporting the establishment of robot agents and related workflows. Successful applicants will receive mentorship guidance and up to $50,000 in funding, and will participate in the San Francisco Demo Day.

GateNews2h ago

Bitwise donates $233,000 to Bitcoin open-source developers, marking their second annual donation round.

Odaily Planet Daily reports that Bitwise posted on the X platform stating that, as part of its annual commitment to support Bitcoin open-source developers, Bitwise donated $233,000 to Bitcoin open-source developers. This year, Bitwise Bitcoin ETF (BITB) saw significant growth, and this donation is the second annual contribution under the plan to donate 10% of gross profits each year at the launch of BITB. The funds will be managed by Brink, OpenSats, and

GateNews3h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)