Exchange Bulletin

BetaPro Bitcoin ETF (HBIT, HBIT.U) To Trade On Toronto Stock Exchange

April 13, 2021

Issuer: BetaPro Bitcoin ETF (the "ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
ETF Shares HBIT, HBIT.U 500,000 None CDN$ 10.00
Listing category: Non-Corporate
Trading currency: CDN$ (HBIT), US$ (HBIT.U)
Transaction: Initial public offering of ETF Shares (the "Offering")
Listing date: April 14, 2021 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: April 15, 2021 (prior to the opening)
Posted for trading date: April 15, 2021 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: National Bank Financial Inc.
Security ownership registration: CDS book-entry only system
Investor relations: Martin Fabregas
Tel.: (416) 601-2508
Incorporation: Horizons ETF Corp. (the "Company") is a mutual fund corporation established under the federal laws of Canada. The ETF was established on March 4, 2021, in accordance with the articles of incorporation of the Company. The ETF is a separate Corporate Class. The ETF is an open-end alternative mutual fund under Canadian securities laws.
Manager: Horizons ETFs Management (Canada) Inc.
Fiscal year end: December 31
Nature of business: The ETF is designed to provide investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of an index that replicates the returns generated over time through exposure to long notional investments in Bitcoin Futures. The current Underlying Index of the ETF is the Horizons Bitcoin Front Month Rolling Futures Index (Excess Return).
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions: The ETF does not currently intend to pay regular dividends or returns of capital on the ETF Shares.
Sponsorship: Not applicable
Offering document: Prospectus dated March 5, 2021, which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Additional Information: The ETF Shares trading under symbol "HBIT.U" will be quoted and traded on TSX in US funds and trading information regarding "HBIT.U" will appear under the heading "Trading in US Funds" in the TSX Monthly Review
Initial public offering: 500,000 ETF Shares will be issued at a subscription price of CDN$ 10.00 per ETF Share. The ETF is authorized to issue an unlimited number of ETF Shares. ETF Shares of the ETF are being issued and sold on a continuous basis and there is no maximum number of ETF Shares that may be issued.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange