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Cryptocurrency News Articles

3iQ Corp. Announces 2025 Annual Redemption for The Bitcoin Fund

Apr 17, 2025 at 05:01 am

This announcement and the information contained herein is restricted and is not for release, publication, or distribution, in whole or in part, directly or indirectly

3iQ Corp. Announces 2025 Annual Redemption for The Bitcoin Fund

TORONTO , April 16, 2025 /CNW/ – 3iQ Corp (TSXV: IQYC) (OTCQB: IIQCF) (“3iQ”), is reminding holders of units (the “Units”) of The Bitcoin Fund (TSX: QBTC) (the “3iQ Fund”) of the upcoming annual redemption. In 2025, a redemption for cash (USD) at 100% of net asset value per Unit will be available. The annual redemption date of the 3iQ Fund is June 16, 2025.

Unitholders electing to exercise their redemption right must submit a redemption request, no later than 5:00 p.m. EST on May 15, 2025 (the “cut-off”) to The Canadian Depository for Securities Limited (“CDS”) through their investment dealer. Unitholders should note that their investment dealer may require additional time in order to be able to submit a redemption notice through CDS in time to meet the cut-off and should therefore contact their investment dealer well in advance of the cut-off time.

3iQ will not offer conversions to the 3iQ Bitcoin ETF or in-kind redemptions in 2025.

About 3iQ

Founded in 2012, 3iQ is one of the world’s leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world’s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution offering innovative risk managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin ETP listed on a major global stock exchange, has the 3iQ Bitcoin ETF (TSX: BTCQ) and offers other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ visit 3iq.io.

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Contact Information

Pascal St. Jean – President & CEO

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P: +1 (416) 639-2130

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Other articles published on Apr 21, 2025