A Bitcoin Exchange-traded Fund Will Soon Be Available In NASDAQ Dubai
3iQ Corporation, the company behind the $1.45 Billion Bitcoin ETF in Toronto Stocks Exchange is eyeing the listing on NASDAQ Dubai.
News report from The National states the lead manager Dalma Capital expects the bitcoin fund to be listed and start trading in Nasdaq Dubai within this quarter following the recent approval from Dubai Financial Services Authority.
Priort to the listing, Dalma Capital will begin a roadshow that will involve about three weeks of education and marketing of the fund offering.
Dalma Capital will also court possible investors to take part on the offering to hit the initial subscription target of $200 Million.
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