CI Galaxy Bitcoin ETF

🇨🇦Canada
BTCX-B.TO
Holding bitcoin since Oct 3, 2022

BTC Holdings

5737

About CI Galaxy Bitcoin ETF

CI Galaxy Bitcoin ETF, based in Canada, stands as a pioneering investment vehicle designed to provide investors with exposure to Bitcoin through a regulated and accessible exchange-traded fund structure. As an ETF, the entity focuses on bridging the gap between traditional financial markets and the burgeoning world of digital assets, offering a seamless way for both institutional and retail investors to participate in the growth of cryptocurrency without the complexities of direct ownership. The company operates within the Canadian financial ecosystem, leveraging the country's progressive stance on digital currencies to create a product that aligns with strict regulatory standards while catering to the evolving demands of modern investors. Managed by experienced professionals in asset management and blockchain technology, CI Galaxy Bitcoin ETF prioritizes transparency and security in its operations, ensuring that investors can trust the integrity of their holdings. The core business model revolves around tracking the performance of Bitcoin, allowing shareholders to gain indirect exposure to the digital asset through a familiar investment framework. This approach not only democratizes access to Bitcoin but also positions the ETF as a vital tool for portfolio diversification in an era where digital currencies are increasingly recognized as a legitimate asset class. By focusing on ease of access and regulatory compliance, CI Galaxy Bitcoin ETF plays a crucial role in fostering broader adoption of Bitcoin within the Canadian investment landscape, serving as a gateway for those seeking to integrate cryptocurrency into their financial strategies.

The Bitcoin treasury strategy of CI Galaxy Bitcoin ETF underscores its commitment to responsible and innovative management of digital assets. The ETF employs a robust framework to hold and manage Bitcoin, ensuring that its portfolio reflects the underlying asset's performance while adhering to best practices in custody and security. By partnering with trusted custodians and leveraging cutting-edge technology, the fund safeguards its holdings against potential risks associated with digital asset storage. This meticulous approach to treasury management is designed to instill confidence among investors, reinforcing the idea that Bitcoin can be integrated into traditional investment portfolios with minimal operational friction. Furthermore, the ETF actively monitors the evolving regulatory environment in Canada to ensure compliance with all applicable guidelines, maintaining a balance between innovation and accountability. This strategic focus on Bitcoin as a core asset also reflects the fund's belief in the long-term potential of digital currencies to reshape financial systems, positioning it as a forward-thinking player in the investment space. By offering a structured way to gain exposure to Bitcoin, CI Galaxy Bitcoin ETF not only facilitates individual investment goals but also contributes to the mainstream acceptance of cryptocurrencies as a viable component of diversified portfolios, paving the way for greater institutional involvement in the digital asset ecosystem.

In the broader financial industry, CI Galaxy Bitcoin ETF holds a significant position as a trailblazer in the intersection of traditional finance and digital currencies within the Canadian market. The fund's presence highlights the growing appetite for innovative investment products that cater to the increasing interest in blockchain-based assets, establishing it as a key player in driving Bitcoin adoption among a diverse investor base. By offering a regulated and accessible avenue for Bitcoin exposure, the ETF serves as a catalyst for integrating digital assets into mainstream financial planning, particularly in a country known for its forward-looking approach to fintech and cryptocurrency regulation. Its strategic significance lies in its ability to influence market perceptions, demonstrating how digital currencies can coexist with conventional investment vehicles to create new opportunities for wealth generation. The fund also contributes to the education and awareness of Bitcoin's role in modern finance, helping to demystify the asset class for investors who may be hesitant to engage directly with cryptocurrencies. Through its operations, CI Galaxy Bitcoin ETF fosters a dialogue between traditional financial institutions and the emerging digital economy, reinforcing Canada's reputation as a hub for financial innovation. This dual focus on accessibility and advocacy ensures that the ETF remains a vital component of the evolving investment landscape, shaping the future of how digital assets are perceived and integrated into broader financial strategies.

Recent Developments

  • Dec 6, 2024: Bitcoin holdings decreased by 3036.00 BTC to 5737 BTC with cost basis of $99K (BTC @ $20.47)
  • Aug 16, 2024: Bitcoin holdings increased by 305.00 BTC to 8773 BTC with cost basis of $58.5K (BTC @ $11.57)
  • Apr 26, 2024: Bitcoin holdings increased by 16.00 BTC to 8468 BTC with cost basis of $64.2K (BTC @ $13.07)
  • Apr 19, 2024: Bitcoin holdings increased by 88.00 BTC to 8452 BTC with cost basis of $63.8K (BTC @ $12.95)
  • Apr 12, 2024: Bitcoin holdings decreased by 74.00 BTC to 8364 BTC with cost basis of $69.6K (BTC @ $14.26)
CI Galaxy Bitcoin ETF — Bitcoin Holdings Over Time
October 3, 2022 - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Dec 6, 2024
â‚¿5737
-3036
$98986$20.47—
Aug 16, 2024
â‚¿8773
305
$58474$11.57—
Apr 26, 2024
â‚¿8468
16
$64167$13.07—
Apr 19, 2024
â‚¿8452
88
$63797$12.95—
Apr 12, 2024
â‚¿8364
-74
$69551$14.26—
Apr 9, 2024
â‚¿8438
96
$70192$14.41—
Apr 5, 2024
â‚¿8342
52
$67549$13.72—
Apr 3, 2024
â‚¿8290
-33
$66098$13.29—
Apr 2, 2024
â‚¿8323
15
$66438$14.01—
Apr 1, 2024
â‚¿8308
96
$69788$14.23—
Mar 27, 2024
â‚¿8212
45
$69776$13.97—
Mar 26, 2024
â‚¿8167
96
$70339$14.29—
Mar 22, 2024
â‚¿8071
838
$64715$13.08—
Jan 24, 2024
â‚¿7233
1957
$39923$7.78—
Oct 3, 2022
â‚¿5276
5276
$19065$4.02—