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

CoinFeed reported on March 5th, citing Cointelegraph, that Scotiabank, one of Canada's five largest banks, has partnered with digital asset management company 3iQ to launch a new multi-asset cryptocurrency ETF. Managed by Scotiabank's asset management arm, Dynamic Funds, the fund will trade on Cboe Canada under the ticker symbol DXMC, offering investors exposure to digital assets such as Bitcoin, Ethereum, Solana, and XRP. The fund has a fee of 0.25% and an expiry date of March 1, 2027.