World’s First Ethereum ETF IPOs

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The world’s first ethereum Exchange Traded Fund (ETF) is undergoing an Initial Public Offering (IPO) at the Toronto Stock Exchange (pictured) under the ticker of QETH.U. “The minimum size of the Offering is US$20,000,009.50 and the maximum size of the Offering is US$107,500,000.00. The closing date of the Offering is anticipated to be December 10, 2020,” said 3iQ Corp, a Canadian investment fund manager specializing in digital assets since 2012. The ethereum ETF aims to provide the opportunity for long-term capital appreciation by offering exposure to eth and the daily price movements of the U.S. dollar price of eth. “The syndicate of agents for the Offering is being led by Canaccord Genuity Corp. and includes Richardson Wealth Limited, Echelon Wealth Partners Inc., Leede Jones Gable Inc., Mackie Research Capital Corporation and PI Financial Corp,” they say with 3iQ being the investment manager and portfolio manager of the ETF. They launched…

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