Central bank–issued digital currency would put pressure on traditional bank funding and fees
The fund invests in the CI Galaxy Ethereum ETF, which was launched last week
The CI Galaxy Bitcoin ETF began trading in March 2021
The firm’s Bitcoin and Ether ETFs now have MER caps of 0.95%
The cryptocurrency is up more than 8,000% so far this year
The Bank of England and HM Treasury have formed a task force to study official cryptocurrency
The new currency would exist alongside cash and bank deposits
The SEC has been unmoved by industry efforts to regulate crypto products
Three companies will go head-to-head, with April 20 launches
The new funds provide long and inverse exposure to the price of Bitcoin