Fidelity Clearing Canada ULC (FCC) has become Canada’s first regulated entity to offer bitcoin custody and trading services for institutional investors.“The demand for investing in digital assets is growing considerably and institutional investors have been looking for a regulated dealer platform to access this asset class,” Scott Mackenzie, FCC’s president said in a statement … [Read more...] about Fidelity Launches Canada’s First Institutional Bitcoin Custody Service
Canadas
Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%
A Canada-based Bitcoin fund, operated by 3iQ Corp, has witnessed a dramatic decline in its BTC reserves since June.Literally named the Bitcoin Fund (QBTC:CN), the closed-end investment product, was holding around 24,000 BTC in its vaults in early June. However, as the monthly session progressed, the reserves first dropped to below 16,000 BTC in a dramatic, straight-line … [Read more...] about Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%
Canada’s Hive Blockchain Technologies approved for Nasdaq listing
While the SEC continues to slow-roll the listing of a Bitcoin ETF, traders on legacy exchanges eager to get some exposure to crypto will soon have another outlet. In an announcement on Friday, Canada’s Hive Blockchain Technologies revealed that it has received approval to list shares on the Nasdaq stock exchange. Hive currently trades on the TSX Venture Exchange under the … [Read more...] about Canada’s Hive Blockchain Technologies approved for Nasdaq listing