Next week will be released the world’s first crypto-ETF in a traditional stock exchange. The 3iQ Canadian company will start an IPO, for its Ethereum based ETF, on the Toronto Stock Exchange. 3iQ has all the needed permissions for regulated operating, as a digital asset provider.
Bitcoin ETF has been delayed for years, become a truly annoying phenomenon for the community. The SEC in the USA is not so friendly toward cryptocurrencies, so we saw multiple applications, denials, updating, delaying, like in a theater-drama. It seems Canada like better at finding solutions, instead of excuses.