BTCQ
BTCQ.U
ETF

3iQ Bitcoin ETF

Investment objectives

The 3iQ Bitcoin ETF’s investment objectives are to seek to provide Unitholders of the 3iQ Bitcoin ETF with:

  • 01

    Exposure to the digital currency bitcoin, and the daily price movements of the US dollar price of bitcoin.

  • 02

    The opportunity for long-term capital appreciation.

BTCQ

3iQ Bitcoin ETF

$21.41
CAD

Today's change

-0.35
(-1.60%)

Date

Dec 2, 2024
TSX
BTCQ:CA
TSX
Toronto Stock Exchange
BTCQ.U

3iQ Bitcoin ETF

$15.25
USD

Today's change

-0.25
(-1.60%)

Date

Dec 2, 2024
TSX
BTCQ.U:CA
TSX
Toronto Stock Exchange

Daily NAV data

Date
CAD
USD
NAV
December 2, 2024
$462,923,984.19
$329,740,753.94
NAVPU
December 2, 2024
$21.4084
$15.2492
Inception
March 31, 2021
$10.0000
Inception
March 31, 2021
$12.5670

Differences may arise to reported CAD AUM and CAD NAVPU due to FX rounding.

Fund performance

Download
Fund returns ‡
Inception date
1 M
3 M
6 M
1 Y
YTD
3Y
Since inception
Class A (USD)
March 31, 2021
11%
6%
16%
100%
65%
8%
12%

‡ Fund returns are net of all fees and expenses. Performance figures are rounded, and based on the NAVPU of 3iQ Bitcoin ETF (BTCQ.U). Past performance is not indicative of future results.

‡ As of October 31, 2024

Fund historical performance

Fund returns ‡
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
2024
2%
45%
14%
-15%
12%
-11%
9%
-11%
7%
11%
65%
2023
40%
1%
22%
3%
-8%
12%
-4%
-10%
3%
28%
9%
11%
149%
2022
-16%
8%
10%
-16%
-18%
-40%
26%
-16%
-3%
3%
-17%
3%
-69%
2021
-4%
-36%
-5%
13%
20%
-7%
42%
-8%
-20%
-23%

‡ Fund returns are net of all fees and expenses. Performance figures are rounded, and based on the NAVPU of 3iQ Bitcoin ETF (BTCQ.U). Past performance is not indicative of future results.

‡ As of September 30, 2024

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Historical data

Historical MarketVector™ Bitcoin benchmark rate index

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Units outstanding

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Fund information

Exchange
Toronto Stock Exchange (TSX)
Symbol
BTCQ, BTCQ.U
Currency
CAD, USD
PNU
25,000
Units Outstanding
21,798,454 ‡
Units per BTC
6281.88 ‡
BTC per Unit
0.00015919 ‡
CUSIP
88561M107
ISIN
CA88561M1077
SEDOL (BTCQ)
BNQNF31
SEDOL (BTCQ.U)
BNQP816
Management Fee
1.00%
Eligibility
RRSP, RRIF, RDSP, DPSP, RESP, TFSA
Benchmark Index
MarketVector™ Bitcoin Benchmark Rate Index (BBR)
Custody Services
Tetra Trust Company
Sub-Custodian
Coinbase Custody Trust Company, LLC
Fund Valuation
CIBC Mellon Global Securities Services Company
Transfer Agent
TSX Trust Company
Accounting
CIBC Mellon Global Securities Services Company
Auditor
Raymond Chabot Grant Thornton LLP
Legal Counsel
Renno & Co Inc.
Management Expense Ratio (MER)
1.75%
Key facts & terms

‡ The MER is an aggregate of the management fee, operating expenses and other costs incurred by the fund

‡ October 31, 2024

Fund Highlights

  • 100% bitcoin exposure¹
  • Fully secured in cold storage
  • TFSA and RRSP eligible

¹ May be lower due to a small cash balance in the portfolio holdings. Minimum investment restrictions are outlined in the prospectus.

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THESE MATERIALS AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.

These materials do not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction. Neither the 3iQ Corp.’s (the “Manager”) nor the Fund’s securities have been nor will be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), nor under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States. No securities regulatory authority has expressed an opinion about these securities and it is an offence to claim otherwise.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange, or other alternative trading system (an “exchange”). If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them.

Please read the prospectus before investing. Important information about the 3iQ Bitcoin ETF is contained in the prospectus. Copies of the prospectus may be obtained from 3iQ Corp. or at www.sedar.com.

Certain statements in this document are forward-looking statements, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “target”, “seek”, “will” and similar expressions to the extent they relate to the Fund and the Manager. Forward-looking statements are not historical facts but reflect the current expectations of the Fund and the Manager regarding future results or events. Such forward-looking statements reflect the Fund’s and the Manager’s current beliefs and are based on information currently available to them. Forward-looking statements are made with assumptions and involve significant risks and uncertainties. Although the forward-looking statements contained in this document are based upon assumptions that the Fund and the Manager believe to be reasonable, none of the Fund or the Manager can assure investors that actual results will be consistent with these forward-looking statements. As a result, readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results or events to differ materially from current expectations.

Some of these risks, uncertainties and other factors are described in the offering documents for the relevant Funds under the heading “Risk Factors”. These factors – many of which are beyond the Manager’s control and the effects of which can be difficult to predict – include: no assurance in achieving investment objectives, loss of investment, volatility and fluctuation in value of cryptoassets, concentration risk, reliance on the Manager, no ownership interest in the cryptoasset portfolio, changes in legislation, conflicts of interest, valuation, significant redemptions, limited liquidity in the units, limited operating history, exchange rate risk, liquidity constraints on cryptoasset markets, tax risk, risks associated with blockchain networks and forks, risks associated with digital asset platforms and cybersecurity.

The forward-looking statements contained herein were prepared for the purpose of providing prospective investors with general educational background information about cryptoassets and the Funds and may not be appropriate for other purposes. None of the Fund or the Manager assumes any obligation to update or revise them to reflect new events or circumstances, except as required by law.

MarketVector™ CryptoCompare Bitcoin Benchmark Rate Index (the “Index”) is the exclusive property of MV Index Solutions GmbH (“MarketVector™”) and has been licensed for use by 3iQ Corp. (the “Licensee”). MarketVector™ has contracted with CryptoCompare Data Limited to maintain and calculate the Indexes. CryptoCompare Data Limited uses its best efforts to ensure that the Indexes are calculated correctly subject to the accuracy of any data that has been provided to it by third parties. Irrespective of its obligations towards MarketVector™, CryptoCompare Data Limited has no obligation to point out errors in the Indexes to third parties. In particular, MarketVector™ is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on the 3iQ Bitcoin ETF or not, are not sponsored, endorsed, sold, or promoted by MarketVector™, Van Eck Associates Corporation as its parent company or its affiliates (collectively, “VanEck”), and MarketVector™ and VanEck make no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MarketVector™, VanEck and its affiliates make no warranties and bear no liability with respect to Licensee.

Any descriptions of, references to, or links to other products, publications or services does not constitute an endorsement, authorization, sponsorship by or affiliation with 3iQ with respect to any linked site or its sponsor, unless expressly stated by 3iQ. Any such information, products or sites have not necessarily been reviewed by 3iQ and are provided or maintained by third parties over whom 3iQ exercises no control. 3iQ expressly disclaims any responsibility for the content, the accuracy of the information, and/or quality of products or services provided by or advertised on these third-party sites. By clicking on any of the links included in this website, you acknowledge that you will be taken to a third-party site, which is not managed by 3iQ.

3iQ Corp. (“3iQ”) is a Canadian investment fund manager focused on providing investors with exposure to digital assets, disruptive technologies and the blockchain space. Units of certain 3iQ Funds are offered through prospectus and through prospectus exemptions. Please read the offering documents carefully before investing.