3iQ Digital Asset Management is expanding its offerings. The firm first launched a diversified multi-token crypto fund in 2018, and became North America’s first exchange-listed bitcoin and ether funds in 2020. This year, 3iQ Digital Asset Management launched bitcoin and ether ETFs available for Canadian investors.
“The Q-MAP SMA has tax optimization, liquidity, and governance benefits that make it a preferred vehicle for sophisticated investors seeking exposure to digital assets.” Chris Matta, president of 3iQ US, said in a statement. Through Q-MAP “advisors can offer clients a choice of structures – depending on whether they prefer a model portfolio or a more customized option. 3iQ US is positioned to serve as both an investment platform and educational partner, driving momentum in the space as we redefine digital asset investment management.”
Matta said in an interview, “The new platform will help educate advisors about cryptocurrency investments and help them articulate specifics about the asset class’s differences to clients. It also enables certain things that are not available through standard ETFs, such as tax loss harvesting. This is a value that advisors can add to their service. It makes the process scalable and enables the advisor to grow with the cryptocurrency market.”