Canada's largest digital nugget investment fund manager, 3iQ, is expanding its reach to global investors past listing its public Bitcoin (BTC) fund on a major market in the Centre E.

3iQ rolled out its Bitcoin Fund (QBTC) for trading on Nasdaq Dubai, according to an official argument by the exchange. Trading went live on Wednesday at x:00 a.thousand. Dubai fourth dimension.

The new listing marks the emergence of Middle East's first indexed digital asset-based fund, 3iQ chairman and CEO Frederick Pye previously said. Pye was optimistic about BTC price, predicting a new all-time high in 2021:

"I believe that, whether information technology happens this yr, Bitcoin is going to go to a new all-fourth dimension-loftier. Yesterday's Bitcoin closed at $32,000-a-unit and this morning it opened up at $34,000, and then we got about a five per centum nail in the price of Bitcoin since yesterday. Hopefully we're going to go a good move on the get-go twenty-four hours of the Dubai Nasdaq."

Related: Bitcoin ETF from 3iQ and CoinShares goes live in Canada

3iQ received regulatory clearance for a dual list of the Bitcoin Fund on Nasdaq Dubai in Apr 2021, planning to start trading in the second quarter. Pye said that the company was too in talks with other exchanges in Singapore, Taiwan, Sweden and the United States to list the fund.

The firm is 1 of the largest cryptocurrency companies in Canada. Information technology became the start crypto fund to exist regulated by the Ontario Securities Commission and the Canadian Securities Administrators in January 2018. In 2020, 3iQ was the get-go Canadian visitor to launch a public Bitcoin fund on the Toronto Stock Exchange.