The iShares Bitcoin ETF (IBIT) has a higher fee structure, allowing it to outpace the S&P 500 fund (IVV) despite not having anywhere near as much in assets under management.
The pact with the Ontario Independent Electricity System Operator will provide HUT a steady income stream and help address Ontario’s projected electricity demand growth.
"The decision is in line with the Eurosystem’s commitment to supporting innovation without compromising on safety and efficiency in financial market infrastructures," a release said.