{"id":38557,"date":"2021-03-09T10:28:41","date_gmt":"2021-03-09T08:28:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38557"},"modified":"2025-08-30T05:24:36","modified_gmt":"2025-08-30T02:24:36","slug":"canadian-regulators-approve-ci-financial-and-galaxy-digitals-bitcoin-etf-launch","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/canadian-regulators-approve-ci-financial-and-galaxy-digitals-bitcoin-etf-launch\/","title":{"rendered":"Canadian regulators approve CI Financial and Galaxy Digital&#8217;s Bitcoin ETF launch"},"content":{"rendered":"<p>Canadian regulators have approved the launch of the CI Galaxy Bitcoin ETF \u2014 an exchange-traded fund from CI Global Asset Management (CI GAM) and Galaxy Digital, led by Mike Novogratz. This was reported in a <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210308005201\/en\" target=\"_blank\" rel=\"noopener\">press release<\/a>. <!--more--><\/p>\n<p>The instrument will be listed under the ticker BTCX on March 9 on the Toronto Stock Exchange (TSX).<\/p>\n<p>CI GAM also plans to merge the existing Bitcoin fund with $172 million in assets into the new ETF.<\/p>\n<p>CI GAM will be the fund manager. Galaxy Digital Capital Management LP will act as co-manager.<\/p>\n<p>In February, Canada <a href=\"https:\/\/u1f987.com\/en\/news\/canada-registers-bitcoin-etf-ahead-of-the-united-states\">registered<\/a> the first North American Bitcoin ETF managed by Purpose Investments.<\/p>\n<p>In January, Galaxy Digital <a href=\"https:\/\/u1f987.com\/en\/news\/galaxy-digital-to-launch-three-ethereum-funds-for-institutional-investors\">announced<\/a> the launch of three Ethereum funds for institutional investors.<\/p>\n<p>Earlier, ForkLog reported that within a month of the Ethereum funds&#8217; launch, Galaxy Digital <a href=\"https:\/\/u1f987.com\/en\/news\/galaxy-digitals-ethereum-funds-attract-more-than-32-million-from-institutional-investors\">attracted<\/a> $32 million from institutional investors.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"iCbjmPspr1\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">What is a cryptocurrency ETF?<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u00abWhat is a cryptocurrency ETF?\u00bb \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/cryptorium\/chto-takoe-bitkoin-etf\/embed#?secret=3QQF9Jd5LG#?secret=iCbjmPspr1\" data-secret=\"iCbjmPspr1\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian regulators have approved the launch of the CI Galaxy Bitcoin ETF \u2014 an exchange-traded fund from CI Global Asset Management (CI GAM) and Galaxy Digital led by Mike Novogratz. This was announced in a press release.<\/p>\n","protected":false},"author":1,"featured_media":38558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[771,770,1211],"class_list":["post-38557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-canada","tag-galaxy-digital","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38557"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38557\/revisions"}],"predecessor-version":[{"id":38559,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38557\/revisions\/38559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38558"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}