Following in Grayscale’s footsteps, new Bitcoin trust goes public in Canada By Cointelegraph

Canada-based investment manager Ninepoint Partners has launched trading for shares of the firm’s Trust on the Toronto Stock Exchange.

According to an announcement today, Ninepoint has completed an initial public offering, or IPO, for its Bitcoin Trust for CAD$230 million, or roughly $180 million. The investment firm said that it would be issuing three different classes of 17,990,491 units at a price of $10, more than 7 million of which are available for trading on the Toronto Stock Exchange under the ticker symbols BITC.U and BITC.UN for U.S. and Canadian dollars, respectively.