Canada

The asset manager, now the largest to offer a bitcoin ETF, has also launched a bitcoin mutual fund up North.

The Purpose Bitcoin Yield ETF employs a derivatives-based covered call strategy to pay monthly yield to investors.

The firm was approved by Canadian regulators to launch a bitcoin custody and trading platform catered for institutional investors.

Compass Mining partners with Red Jar Digital Infrastructure to pioneer Bitcoin mining in Ontario, Canada.

Bitcoin mining company MintGreen to deliver innovative low-carbon mining waste solution to heat City of North Vancouver, BC.

Purpose Investments, an institutional firm with more than $12 billion under management, on Wednesday announced the launch of mutual fund units for the world’s first ETF backed and settled by Bitcoin.

Though regulations in some Canadian regions make bitcoin mining difficult, the country overall is poised to become a top-three mining hub.

As more bitcoin miners migrate from China, they are hesitant to set up shop in Canada, despite abundant energy and a cool climate. But why?

North American bitcoin mining company Hut 8 has purchased 11,090 rigs for $44 million to complement an earlier purchase of 863 machines.

The Bitcoin Fund has become the first bitcoin investment fund to trade in the Middle East after being listed on the Nasdaq Dubai exchange.