This page is to help increase transparency and explain the difference between the market value of the 3IQ Bitcoin fund and the underlying value of the Bitcoin it holds.
When it trades above the underlying it reflects the demand to hold a liquid and regulated Bitcoin fund often in regulated accounts in Canada such as the TFSA (Tax Free Savings Account) and RRSP (Registered Retirement Savings Account)
Additional Information is included to assist you in the decision to purchase either units of the 3IQ Bitcoin fund in your registered accounts or to hold Bitcoin is other custodial and non-custodial accounts.
This information is provided for information purposes and is not investment advice. Please consult the appropriate tax accountants and investment professionals.