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The Bitcoin Fund 2020-05-26T20:35:55-04:00

Net Asset Value (NAV) as at May 26, 2020:

10.0493 USD

Net Asset Value (NAV) at Inception:

$9.2396 USD

Issue Price:

$10.0000 USD

Inception Date: April 9, 2020

Final Prospectus (EN)
Final Prospectus (FR)

Exchange: Toronto Stock Exchange (TSX)

Ticker: QBTC.U

Currency: USD

Units Outstanding: 5,576,629

CUSIP: 09175G302

ISIN: CA09175G302

Management Fee: 1.95%

Benchmark Index: MVIBTC

Custody Services: Cidel Trust Company

Sub-Custodian: Gemini Trust Company, LLC

Fund Valuation: SGGG Fund Services Inc.

Unitholder Recordkeeping: SGGG Fund Services Inc.

Accounting: SGGG Fund Services Inc.

Auditor: Raymond Chabot Grant Thornton LLP

Legal Counsel: Osler, Hoskin & Harcourt LLP

News

The Bitcoin Fund Completes US$48 Million Offering

May 8th, 2020|

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, May 08, 2020 (GLOBE NEWSWIRE) -- 3iQ Corp. is pleased to announce that The Bitcoin [...]

The Bitcoin Fund Receives Receipt for Final Prospectus

May 5th, 2020|

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, May 05, 2020 (GLOBE NEWSWIRE) -- 3iQ Corp. is pleased to announce that The Bitcoin [...]

3iQ Files to Re-Open The Bitcoin Fund

April 20th, 2020|

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO - April 20, 2020 - 3iQ Corp. (“3iQ”) is pleased to announce that a preliminary prospectus [...]

NewGen Mindset – Bitcoin is Here to Stay – with Fred Pye

April 12th, 2020|

https://open.spotify.com/episode/28dSgjK2ahFZfyka4n3zCZ

The Bitcoin Fund Completes Initial Public Offering and Merger

April 9th, 2020|

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, April 09, 2020 (GLOBE NEWSWIRE) -- 3iQ Corp. is pleased to announce that The Bitcoin Fund [...]

How to Purchase Units of The Bitcoin Fund IPO

April 2nd, 2020|

This offering is only made by the prospectus of the Fund dated March 31, 2020.  The prospectus contains important information relating to these securities. Copies of the prospectus may be obtained from Canaccord Genuity [...]

Disclaimer

There are ongoing fees and expenses associated with owning units of The Bitcoin Fund (the “Fund”). The Fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the final prospectus. The Fund is not guaranteed, its value change frequently and past performance may not be repeated.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange (TSX). If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them.

The securities of the Fund have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. The final prospectus of the Fund does not constitute an offer to sell or the solicitation of an offer to buy securities of the Fund nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.

The Fund is generally exposed to the following risk factors. See the prospectus for a description of these risks: No Assurance in Achieving Investment Objectives, No Listing, Loss of Investment, Fluctuation in Value of Cryptoassets, Concentration Risk, Reliance on the Manager, Reliance on the Cryptoasset Consultant, No Ownership Interest in the Cryptoasset Portfolio, Changes in Legislation, Conflicts of Interest, Valuation of the Fund, Significant Redemptions, Limited Liquidity in the Units, Limited Operating History, Not a Fund Company, Exchange Rate Risk, Liquidity Constraints on Cryptoasset Markets may Impact the Fund’s Holdings, Tax Risk, Risks associated with Investing in Bitcoin, Risks Associated with the Bitcoin Network. There are ongoing fees and expenses associated with owning units of The Bitcoin Fund (the “Fund”). The Fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the final prospectus. The Fund is not guaranteed, its value change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange (TSX). If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them. The securities of the Fund have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. The final prospectus of the Fund does not constitute an offer to sell or the solicitation of an offer to buy securities of the Fund nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.

Index (the “Index”) is the exclusive property of MV Index Solutions GmbH and has been licensed for use by 3iQ Corp. (the “Licensee”). MVIS has contracted with CryptoCompare Data Limited to maintain and calculate the Index. CryptoCompare Data Limited uses its best efforts to ensure that the Index is calculated correctly subject to the accuracy of any data that has been provided to it by third parties. Irrespective of its obligations towards MV Index Solutions GmbH, CryptoCompare Data Limited has no obligation to point out errors in the Index to third parties. In particular, MVIS is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on The Bitcoin Fund, an investment trust governed under the laws of the Province of Ontario (the “Product”) or not, are not sponsored, endorsed, sold, or promoted by MVIS, Van Eck Associates Corporation as its parent company or its affiliates (collectively, “VanEck”), and MVIS and VanEck make no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MVIS, VanEck AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO LICENSEE.