NinepointPartners plans to convert their Bitcoin Trust into a Bitcoin ETF.

According to the Cointelegraph, less than two months after the start of the bitcoin venture capital investment trusts, the Canadian chairman of investments, Ninepoint Partners, plans to convert the commodities into exchange-traded funds (ETFs). Ninepoint said in a statement on March 3 that it would vote to allow Bitcoin holders to decide whether to convert their existing bitcoin beliefs into currency exchange (ETF) on the Toronto Stock Exchange. The company said the move is aimed at providing better operating costs and increasing the company's capital. Businesses will be able to vote on this issue on April 19.