Financial services entity from Calgary, Canada – Accelerate Financial Technologies – is reportedly looking to finalize the listing of its Bitcoin ETF on the Toronto Stock Exchange.

Specifically, Accelerate Financial Technologies has reportedly completed its application with local securities regulators, regarding a Bitcoin (BTC) exchange-traded fund (ETF), during the time where attention for crypto ETFs from international financial entities seem to be renewed. 

Following the filing, Accelerate Financial has reportedly also secured a receipt for a preliminary prospectus from the Canadian regulatory agency. 

Accelerate Financial additionally revealed that ABTC will make units denominated in both United States and Canadian dollars available. The firm has completed its submission to get ABTC units listed, across the Toronto Stock Exchange, with requirements for listing from the exchange to be applied. 

“The TSX has not conditionally approved ABTC’s listing application and there is no assurance that the TSX will approve the listing application,” the firm reportedly remarked. 

Julian Klymochko – founder and Head of Accelerate Financial – reportedly shared that the firm is having plans down its pipeline to equip investors with the chance at Bitcoin exposure – one of the top performing digital assets, regarding its historical track record and future potential.

“Bitcoin has been one of the best-performing asset classes on a 1-year, 3-year, 5-year and 10-year basis, both absolute and risk-adjusted”. 

In January this year, Canadian investment fund management entity Arxnovum reportedly submitted a filing of a prospectus for a Bitcoin ETF with local securities regulators.