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Tuesday, November 5, 2024

Home Featured Canada regulator clears launch of world’s first bitcoin

Canada regulator clears launch of world’s first bitcoin

by News desk
February 14, 2021
in Featured, Top News

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Toronto

Canada’s main securities regulator has cleared the launch of the world’s first bitcoin exchange traded fund, an investment manager said on Friday. This provides investors greater access to the cryptocurrency that has sparked an explosion in trading interest. The Ontario Securities Commission has approved the launch of Purpose Bitcoin ETF, Toronto-based asset management company Purpose Investments said in a statement. The OSC confirmed the approval in a separate statement to Reuters.