Order: In the Matter of 3iQ Corp. and The Bitcoin Fund

FILE NO.: 2019-7

IN THE MATTER OF
3IQ CORP. and THE BITCOIN FUND

Lawrence P. Haber, Commissioner and Chair of the Panel

October 29, 2019

ORDER

(Section 8 of the Securities Act, RSO 1990, c S.5)

WHEREAS on June 3, 6, 7 and July 24, 2019, the Ontario Securities Commission held a hearing at 20 Queen Street West, 17th Floor, Toronto, Ontario, to consider the Application for hearing and review filed by 3iQ Corp. and The Bitcoin Fund (the “Applicants”) on March 15, 2019 to review a decision of the Director of the Investment Funds & Structured Products branch of the Commission dated February 15, 2019 (the “Director’s decision”);

ON READING the materials filed and on hearing the submissions of the representatives for the Applicants and for Staff of the Commission;

IT IS ORDERED THAT:

1. the Director’s decision is set aside; and
2. the Director shall issue a receipt for a final prospectus of The Bitcoin Fund, provided the Director is satisfied that there are no grounds under subsection 61 of the Act for the Director to refuse to issue a receipt for any such prospectus, other than the grounds set out in the Director’s decision dated February 15, 2019 or in the Reasons and Decision issued on October 29, 2019 in this proceeding.