Key Takeaways
- • 3iQ Corp. has appointed Anchorage Digital as an additional sub-custodian for The Bitcoin Fund, effective June 23, 2026, expanding the Fund's multi-custody framework while Tetra Trust remains the primary custodian.
- • The addition of Anchorage Digital follows 3iQ's previously announced selection of the firm as its infrastructure and custody partner for its broader digital asset investment platform, signaling a strategic expansion of institutional custody capabilities.
- • The Bitcoin Fund maintains all existing operational parameters, including investment objectives, strategy, management fee, and Toronto Stock Exchange listings under ticker symbols QBTC and QBTC.U, with no changes to investor terms or fund structure.
- • According to Tommaso Mancuso, President and Chief Investment Officer of 3iQ, the expansion addresses institutional investor requirements for regulated, institutional-grade custody infrastructure that enhances investor protection, operational resilience, and long-term scalability in digital asset investment products.
Summary
This custodial expansion follows 3iQ's earlier announcement that Anchorage Digital had been selected as the firm's infrastructure and custody partner for its digital asset investment platform more broadly. The addition of Anchorage Digital is positioned as a strategic move to provide The Bitcoin Fund with enhanced institutional digital asset custody infrastructure, increased operational flexibility, and strengthened security controls—elements deemed appropriate for a publicly listed digital asset investment fund operating in a maturing market.
The appointment carries no material changes to the Fund's core operational structure. The Fund's investment objectives, investment strategy, management fee structure, and Toronto Stock Exchange listings remain unchanged. Units continue trading under ticker symbols QBTC and QBTC.U, preserving continuity for existing unitholders and market participants.
Tommaso Mancuso, President and Chief Investment Officer of 3iQ, characterized the addition as "an important operational milestone for The Bitcoin Fund," emphasizing that custody infrastructure has become central to institutional digital asset investment products. Mancuso highlighted that Anchorage Digital's regulated, institutional-grade infrastructure aligns with the Fund's requirements and the expectations of its unitholders, underscoring the role of robust custody frameworks in investor protection and long-term product scalability within the evolving digital asset landscape.
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