Scotiabank partners with 3iQ to launch multi-asset cryptocurrency ETF

PANews, March 5 — According to Cointelegraph, Scotiabank, one of Canada's five largest banks, has partnered with digital asset management company 3iQ to launch a new multi-asset cryptocurrency ETF. The fund is managed by Dynamic Funds, Scotiabank's asset management subsidiary, and will be traded on Cboe Canada under the ticker DXMC, providing investors exposure to digital assets such as bitcoin, ethereum, Solana, and XRP. The fund's fee is set at 0.25%, and it will be valid until March 1, 2027.