Canada: 3rd Bitcoin ETF to Begin Trading on the Toronto Stock Exchange

The third Canadian Bitcoin ETF, dubbed the CI Galaxy Bitcoin ETF, ticker symbol BTCX, will begin trading on the Toronto Stock Exchange on March 9, a press release on March 8 by the CI Galaxy Digital Capital Management (CI GAM) confirming the new derivatives product revealed.

Canada’s Securities Regulator Approves Bitcoin Mutual Fund Listing

Canadian Securities Regulators Approve North America’s First Bitcoin ETF

Purpose Investments has announced that its bitcoin ETF has received regulatory approval in Canada. The post Canadian Securities Regulators Approve North America’s First Bitcoin ETF appeared first on Bitcoin Magazine.

Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s

Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power.

Miner Hut 8 Reports Q2 Revenue Plunged 67% to $6.9 Million Due to Bitcoin Halving

Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6. 9 million from $21. 2 million a year ago, as Bitcoin’s supply cut in May forced production to decline.

Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise

Hut 8 Mining Corp. has raised $8. 3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7. 5 million from the sale, but it was oversubscribed.

Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility

On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8. 59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%.