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Ninepoint Bitcoin Fund converts a closed end fund to an ETF


Date

March 19, 2021

Office Involved

March 19, 2021 Ninepoint Partners Bitcoin Fund converts a closed end fund to an ETF. This is the first crypto closed end fund to convert to an ETF. A mutual fund class was subsequently added to the ETF

Ninepoint Partners, headquartered in Toronto, is an alternative investment management firm overseeing approximately $8 billion in assets under management and institutional contracts.

McCarthy Tetrault advised Ninepoint Partners with a team led by Amdew Armstrong that included Mike Eldridge and Paul Santache (Business).

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