"The ETF, trading under the ticker symbol “QBTC,” is the first cryptocurrency fund to go public in the Middle East."
"Canadian digital-asset manager 3iQ's bitcoin exchange-traded fund (ETF) started trading on Nasdaq Dubai on Wednesday. The shares rose 10%."
https://www.thenationalnews.com/business/markets/3iq-s-bitcoin-fund-lists-on-nasdaq-dubai-1.1247354
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"Canadian digital-asset manager 3iQ's bitcoin exchange-traded fund (ETF) started trading on Nasdaq Dubai on Wednesday. The shares rose 10%."
- 3iQ Corp received regulatory clearance for the listing in April.
- It was launched in 2020 and is the first cryptocurrency fund to go public in the Middle East.
- 3iQ appointed Dubai-based Dalma Capital Management as the syndicate manager to help facilitate the listing and plans to work closely with banks in the United Arab Emirates and other lenders from the region.
https://www.thenationalnews.com/business/markets/3iq-s-bitcoin-fund-lists-on-nasdaq-dubai-1.1247354
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