UAE – 3iQ to release new products in Middle East

UAE – 3iQ to release new products in Middle East

(MENAFN- Khaleej Times) 3iQ anticipates that 2022 will see continued growth for bitcoin and ether as they continue to trickle into mainstream adoption. By Fred Pye As we look back on 2021, I think we can all agree that it was a pivotal year for digital assets: the market value of bitcoin and ether hit all-time highs, non-fungible tokens (NFTs) did more than $23 billion USD in trading volume (and became Collins Dictionary's word of the year for 2021), and an increasing number of institutional and retail investors are getting interested (and investing) in blockchain-based applications. It has been a thrilling year for 3iQ Corp. (3iQ) as we surpassed over $3 billion USD in assets under management across our closed-end funds (CEFs) and exchange traded funds (ETFs). The company is now the largest digital asset fund manager in Canada, managing five separate products which hold real cryptoassets such as bitcoin and ether. We kicked off the year with the launch of the 3iQ CoinShares Bitcoin ETF in March and the 3iQ CoinShares Ether ETF in April. 3iQ was the first Canadian investment fund manager to offer a public bitcoin investment fund and a public ether investment fund, both in 2020—and