Apex has been appointed as administrator by 3iQ Digital Asset Management, Canada’s largest digital asset investment fund manager that offers investors investment products to gain exposure to digital assets. Founded in 2012, 3iQ is Canada’s largest digital asset investment fund manager with more than CAD1.8bn (USD1.4bn) AuM.
New funds, 3iQ CoinShares Bitcoin Feeder ETF and 3iQ CoinShares Ether Feeder ETF, have been listed on Cboe Australia. These products give investors exposure to respective cryptocurrencies via units purchased on 3iQ’s existing ETFs listed on the Toronto Stock Exchange. Apex will provide 3iQ with fund administration, listed transfer agency and custody services for these Australia-listed ETF structures.