The Ether Fund Announces Extent of Participation in Annual Redemption

CNW Group05-23

TORONTO, May 22, 2024 /PRNewswire/ -- 3iQ Corp. ("3iQ") announced today that, as of May 15, 2024, being the cut-off date relating to the annual redemption feature of The Ether Fund (the "Fund"): 657,...

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(\"3iQ\") announced today that, as of May 15, 2024, being the cut-off date relating to the annual redemption feature of The Ether Fund (the \"Fund\"): 657,...</p>\n\n<a href=\"https://finance.yahoo.com/news/ether-fund-announces-extent-participation-230000547.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTCQF","symbol_name":"3iQ BITCOIN ETF","start_time":0,"source_url":"https://finance.yahoo.com/news/ether-fund-announces-extent-participation-230000547.html","article_id":"2437942228","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/kxHXzI8PmjvDAMtACYgamA--~B/aD0xNjQ7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cnwgroup.com/76132cac0be53adc8a89f679a3ba64cc"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2437942228","pubTimestamp":1716418800,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"TORONTO, May 22, 2024 /PRNewswire/ -- 3iQ Corp.  announced today that, as of May 15, 2024, being the cut-off date relating to the annual redemption feature of The Ether Fund : 657,682 units of the Fund , representing 15.37% of the outstanding Units, were surrendered for cash redemption on June 17, 2024 .Under the terms of the annual redemption of the Fund, the redemption price per Unit will be determined by 3iQ on the Annual Redemption Date and Unitholders who have redeemed Units can expect to receive payment of the redemption price per Unit on or before July 8, 2024.This announcement should not be distributed, forwarded, transmitted or otherwise disseminated in or into the United States. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTCQF":"3iQ BITCOIN ETF","QETHF":"ETHER FD."},"translate_title":"乙醚基金宣布参与年度赎回的程度","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTCQF":0.9,"QETHF":0.9},"content_text":"TORONTO, May 22, 2024 /PRNewswire/ -- 3iQ Corp. (\"3iQ\") announced today that, as of May 15, 2024, being the cut-off date relating to the annual redemption feature of The Ether Fund (the \"Fund\"): 657,682 units of the Fund (each, a \"Unit\"), representing 15.37% of the outstanding Units, were surrendered for cash redemption on June 17, 2024 (the \"Annual Redemption Date\").\n\n  \n\nUnder the terms of the annual redemption of the Fund, the redemption price per Unit will be determined by 3iQ on the Annual Redemption Date and Unitholders who have redeemed Units can expect to receive payment of the redemption price per Unit on or before July 8, 2024. \nAbout 3iQ Digital Asset Management\nFounded in 2012, 3iQ is one of the world's leading digital asset investment fund managers, offering investors convenient and familiar investment products to gain exposure to digital assets. 3iQ was the first Canadian investment fund manager to offer public bitcoin investment funds: The Bitcoin Fund (TSX: QBTC) (TSX: QBTC.U) and the 3iQ Bitcoin ETF (TSX: BTCQ) (TSX: BTCQ.U), as well as public ether investment funds: The Ether Fund (TSX: QETH.UN) (TSX: QETH.U) and the 3iQ Ether Staking ETF (TSX: ETHQ) (TSX: ETHQ.U). To learn more about 3iQ, visit 3iq.io.\nFor more information about 3iQ:Visit us at 3iQ.ioTwitter:  @3iQ_corp Linkedin:  https://www.linkedin.com/company/3iq-corp/YouTube: https://www.youtube.com/c/3iQDigitalAssetManagement\nVoxels HQ: https://www.cryptovoxels.com/play?coords=S@203W,469N\nPress Contact:  Pascal St-Jean – PresidentE: pascal@3iq.ca P: +1 (416) 639-2130  \nPlease read the prospectus before investing. Important information about The Ether Fund is contained in the prospectus. Copies of the prospectus may be obtained from 3iQ Corp. or at www.sedar.com.   \nYou will usually pay brokerage fees to your dealer if you purchase or sell units of the Funds on a stock exchange or other alternative Canadian trading system (an \"exchange\").  If units of the Funds are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the Funds and may receive less than the current net asset value when selling them. \nCommissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. \nIMPORTANT NOTICES\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED THEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.\nThis announcement should not be distributed, forwarded, transmitted or otherwise disseminated in or into the United States. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction. The Funds' securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"Securities Act\"), or under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States.  Neither this announcement, nor the fact that it has been disseminated, shall form the basis of, or be relied upon in connection with, any future information that we distribute.\nSOURCE 3iQ","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2437942228"}