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MARKETS

First Bitcoin ETF To Pay Monthly Yield Launches In Canada

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

Fidelity Approved To Become Canada’s First Institutional Bitcoin Custodian

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

Compass Mining Partners With Red Jar Digital Infrastructure To Pioneer Bitcoin Mining In Ontario, Canada

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

North Vancouver To Be World’s First City Heated By Bitcoin

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

Largest Canadian Bitcoin ETF Opens to Mutual Fund Investors

Alex Mcshane -
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.
BUSINESS

Bitcoin Mining In Canada Is Thriving Despite Stringent Regulations

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

Why Aren’t More Bitcoin Miners Setting Up Shop In Canada?

Jessie Willms -
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?
BUSINESS

Hut 8 Buys 11,090 New Bitcoin Mining Rigs For $44 Million

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

First Mideast Bitcoin Fund Lists On Nasdaq Dubai Exchange

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

Canadian Basketball League To Pay Players In Bitcoin

Namcios -
The Canadian Elite Basketball League will allow players to receive portions of their salaries in bitcoin, through a partnership with Bitbuy.
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