Friday, 10 April 2020

Trading halted for IPO on world's first bitcoin fund

The world's first publicly traded pure bitcoin fund was set to launch on the TSX today. I woke up bright and early getting ready to buy a chunk. Much to my surprise, trading was halted on the brand new stock an hour before the markets even opened. I called my bank's investing line and there seems to be little to no explanation as to why it was halted. Any ideas why this is going on? Has anyone seen this for an IPO before?

https://finance.yahoo.com/news/iiroc-trading-halt-qbtc-u-121000454.html

submitted by /u/Troflecopter
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