New Bitcoin Fund Starts Trading on TSX

tmx toronto stock exchange

The Toronto Stock Exchange (TMX/TSX) has listed the CI Galaxy Bitcoin Fund by CI Global Asset Management and Galaxy Digital Capital Management. The fund has just began trading yesterday under the ticker of BTCG.U for the BTC/USD pair and BTCG.UN for BTC/CAD. The dollar pair rose by about 19%, up from $10 per share to $11.89 with more than $2 million exchanging hands on its first day. The cad pair also handled about $2 million in volumes with it rising by some 17% on its first day of trading. “In launching CI Galaxy Bitcoin Fund, we are offering Canadian investors a simple way to access an important emergent asset class and easily integrate it into their portfolio and investment planning,” said Kurt MacAlpine, Chief Executive Officer of CI Financial Corp. Galaxy Digital is the fund’s sub-advisor with Mike Novogratz, its CEO, stating on Thursday: “CI Galaxy Bitcoin Fund offers investors…

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