Nasdaq Dubai Welcomes The Listing of ‘The Bitcoin Fund’

Nasdaq Dubai Welcomes The Listing of ‘The Bitcoin Fund’

3iQ Corp., Canada's largest digital asset investment fund manager with more than C$2.5 billion in assets under management, today officially listed The Bitcoin Fund, (Trading Symbol: QBTC), on Nasdaq Dubai, the region's international exchange.

The regulated Bitcoin-based exchange traded product is the Middle East and North Africa's (Mena) first listed digital asset-based fund. The listing of the fund, which leverages Dubai's world-class regulatory environment that supports new economy business and investment growth, reinforces the city's position as a driving force for capital market transformation.

Managed by 3iQ, the fund offers investors an indirect exposure to Bitcoin by trading its units within a world-class regulated and transparent exchange environment as well as the opportunity for long-term capital appreciation through a convenient alternative to a direct investment in the crypto currency.