3iQ Corporations Launches Australia’s Third Bitcoin ETF

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3iQ Corporations has just announced the launch of Australia’s third Bitcoin ETF, the CoinShares Bitcoin Feeder ETF (BT3Q). BT3Q plans to have the lowest fee structure in Australia of 1.20% while giving investors access to the spot price of Bitcoin from an “underlying fund”. The underlying fund will have long-term holdings in Bitcoin.

ETF Newz Says:

BT3Q doesn’t plan to hold its own Bitcoin but rather invests into a fund that does.


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