Not for distribution to U.S. newswire services or for dissemination in the United States.
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 in, or into or from the United States or any other jurisdiction in which the same would
be unlawful. Further, this announcement is for information purposes only and shall not constitute an offer to sell or issue or the solicitation to buy, subscribe for or otherwise acquire any securities of The Ether Fund in any jurisdiction in which any such offer or solicitation would be unlawful.
TORONTO, May 21, 2024 -- 3iQ Corp. ("3iQ") announced today that, as of May 15, 2024, being the cut-off date relating to the annual redemption feature of The Ether Fund (the “Fund”): 657,682 units of the Fund (each, a “Unit”), representing 15.37% of the outstanding Units, were surrendered for cash redemption on June 17, 2024 (the “Annual Redemption Date”).
Under the terms of the annual redemption of the Fund, the redemption price per Unit will be determined by 3iQ on the Annual Redemption Date and Unitholders who have redeemed Units can expect to receive payment of the redemption price per Unit on or before July 8, 2024.
About 3iQ Digital Asset Management
Founded in 2012, 3iQ is one of the world's leading digital asset investment fund managers, offering investors convenient and familiar investment products to gain exposure to digital assets. 3iQ was the first Canadian investment fund manager to offer public bitcoin investment funds: The Bitcoin Fund (TSX: QBTC) (TSX: QBTC.U) and the 3iQ Bitcoin ETF (TSX: BTCQ) (TSX: BTCQ.U), as well as public ether investment funds: The Ether Fund (TSX: QETH.UN) (TSX: QETH.U) and the 3iQ Ether Staking ETF (TSX: ETHQ) (TSX: ETHQ.U). To learn more about 3iQ, visit 3iq.io.
For more information about 3iQ:
Visit us at 3iQ.io
Twitter: @3iQ_corp
Linkedin: https://www.linkedin.com/company/3iq-corp/
YouTube: https://www.youtube.com/c/3iQDigitalAssetManagement
Voxels HQ: https://www.cryptovoxels.com/play?coords=S@203W,469N
Press Contacts:
Pascal St-Jean – President
E: pascal@3iq.ca
P: +1 (416) 639-2130