Gemini exchange founder Tyler Winklevoss recently announced big news for Ethereum. 3iQ, a digital asset manager based in Canada, which also manages the Bitcoin Fund—the world’s first regulated and exchange-traded Bitcoin fund will list the Ether Fund tomorrow.
Winklevoss announced that the Ether Fund by 3iQ has already raised around $75 million. According to Winklevoss, all Ether would be held by Gemini Custody. Winklevoss announced:
“Huge news for Ethereans. The Ether Fund by @3iq_corp will list on the Toronto Stock Exchange ($QETH) tomorrow morning. The fund has already raised ~$75MM. All $ETH will be held by @Gemini Custody. To the moon!”
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