Permodalan dana QBTC 3iQ Bitcoin mencapai $1 bilion

Canada's first public BTC fund has a capitalization of $1 billion

The capitalization of the Canadian 3iQ fund rose to $1 billion in January 14. It was announced on Twitter that the figure has risen by 900% since October last year. 

Parabolic growth of a fund is an excellent indicator. Back in October, the capitalization of this fund was $100,000, and now $1 billion.

As a reminder, QBTC 3iQ is the first Canadian public BTC fund. Cryptocurrency storage services are provided on the Gemini cryptocurrency exchange.

QBTC.U is currently trading at $48.63. This is 330% higher than at the start when it costs $11. This result is not surprising, since the fund was launched by one of the largest cryptocurrency firms in Canada. It was the first to receive approval from the OSC and other Canadian regulators.