Bitcoin Fund

Superior Institutional Partnerships & World-Class Staking Providers Push 3iQ Solana Staking ETF (TSX: SOLQ, SOLQ.U) to Become Canada's Largest by AUM

TORONTO, April 21, 2025 /CNW/ -- 3iQ Corp. ("3iQ"), a global pioneer in digital asset investment solutions, is pleased to announce that after its first two days of trading on the Toronto Stock Exchange (TSX), the 3iQ Solana Staking ETF (Ticker: SOLQ) has amassed C$90 million.

SOLQ launched last week with a 0% management fee for the first 12 months, making it among the most competitively priced digital asset ETFs available. The ETF invests in long-term holdings of Solana (SOL) purchased from leading digital asset trading platforms and over-the-counter OTC counterparties and will also provide investors with attractive staking rewards through partnerships with leading validators Figment and Twinstake.

"We are thrilled to see such outstanding results after our Solana Staking ETF's two days of trading," said Pascal St-Jean, President & CEO of 3iQ. "This impressive result is a testament to how 3iQ attracts some of the best-known names in digital asset investment, such as SkyBridge Capital, and demonstrates the transparency, operational efficiency, and high-growth potential we can provide to both institutional and retail investors seeking direct exposure to Solana."

This is the latest milestone in 3iQ's ongoing track record as a trailblazer in delivering fully regulated, digital asset investment products. These include Canada's first publicly traded Bitcoin and Ether funds, The Bitcoin Fund (TSX: QBTC) and The Ether Fund (TSX: QETH). In October 2023, The Ether Fund and the 3iQ Ether Staking ETF (TSX: ETHQ) became the first exchange-traded products (ETPs) in North America to incorporate staking Ether into their investment strategies.

To learn more about the 3iQ Solana Staking ETF (SOLQ), please visit https://www.3iq.io/our-funds/3iq-solana-staking-etf.

About 3iQ Digital Asset Management

Founded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum ETP's boosting investor returns, and offering other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iq.io.

W: https://www.3iq.io/

L: https://www.linkedin.com/company/3iq-corp/

X: https://x.com/3iq_corp

Media Contacts for 3iQ

Europe

Angus Campbell

Nominis Advisory

angus@nominis.co

North America

Ryan Graham

JConnelly

+1 862-777-4274

rgraham@jconnelly.com

Julie Mercuro

JConnelly

+1 973-349-6471

jmercuro@jconnelly.com

Important information

Please read the prospectus before investing. Important information about the ETF is contained in the prospectus. Copies of the prospectus may be obtained from 3iQ Corp. or at www.sedar.com.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy securities.

Commissions, trailing commissions, management fees and expenses all may be associated with ETF investments. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN 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.

This announcement should not be distributed, forwarded, transmitted or otherwise disseminated in or into the United States, including to US news wire services. 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. Securities of the ETF 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.

SOURCE 3iQ

Not for distribution to U.S. newswire services or for dissemination in the United States.

This announcement and the information contained herein is restricted and is not for release, publication, or distribution, in whole or in part, directly or indirectly in, or into or from the United States or any other jurisdiction in which the same would be unlawful. Further, this announcement is for information purposes only and shall not constitute an offer to sell or issue or the solicitation to buy, subscribe for or otherwise acquire any securities of The Bitcoin Fund or the 3iQ Bitcoin ETF in any jurisdiction in which any such offer or solicitation would be unlawful.

TORONTO, April 16, 2025 /CNW/ -- 3iQ Corp ("3iQ"), is reminding holders of units (the "Units") of The Bitcoin Fund (TSX: QBTC, QBTC.U) (the "3iQ Fund") of the upcoming annual redemption. In 2025, a redemption for cash (USD) at 100% of net asset value per Unit will be available. The annual redemption date of the 3iQ Fund is June 16, 2025.

Process

Unitholders electing to exercise their redemption right must submit a redemption request, no later than 5:00 p.m. EST on May 15, 2025 (the "cut-off") to The Canadian Depository for Securities Limited ("CDS") through their investment dealer. Unitholders should note that their investment dealer may require additional time in order to be able to submit a redemption notice through CDS in time to meet the cut-off and should therefore contact their investment dealer well in advance of the cut-off time.

3iQ will not offer conversions to the 3iQ Bitcoin ETF or in-kind redemptions in 2025.

About 3iQ

Founded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution offering innovative risk managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin ETP listed on a major global stock exchange, has the 3iQ Bitcoin ETF (TSX: BTCQ) (TSX: BTCQ.U) and offers other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ visit 3iq.io.

W: https://www.3iq.io/

L: https://www.linkedin.com/company/3iq-corp/

X: https://x.com/3iq_corp

Contact Information

Pascal St. Jean – President & CEO

E: info@3iq.io

P: +1 (416) 639-2130

IMPORTANT NOTICES

THIS 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.

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 other jurisdiction of the United States. 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.

There are ongoing fees and expenses associated with owning units of an investment fund. Please read the prospectus of the 3iQ Bitcoin ETF and the annual information form of The Bitcoin Fund (together, the "Funds") before investing. Important information about the Funds is contained in the prospectus of the 3iQ Bitcoin ETF and the annual information form of The Bitcoin Fund. Copies of the prospectus and the annual information form may be obtained from 3iQ Corp. at 3iQ.io or at www.sedar.com.

You 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.

Commissions, 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.

SOURCE 3iQ