Not for distribution to U.S. newswire services or for dissemination in the United States.

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, OR INTO OR FROM THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES OF THE BITCOIN FUND OR THE 3iQ BITCOIN ETF IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.

TORONTO , April 24, 2026 /CNW/ -- 3iQ Corp. ("3iQ"), is reminding holders of units (the "Units") of The Bitcoin Fund (TSX: QBTC, QBTC.U) (the "3iQ Fund") of the upcoming annual redemption. In 2026, a redemption for cash at 100% of net asset value per Unit will be available. The annual redemption date of the 3iQ Fund is June 16, 2026.

Process
Unitholders electing to exercise their redemption right must submit a redemption request, no later than 5:00 p.m. EST on May 15, 2026 (the "cut-off") to The Canadian Depository for Securities Limited ("CDS") through their investment dealer. Unitholders should note that their investment dealer may require additional time in order to be able to submit a redemption notice through CDS in time to meet the cut-off and should therefore contact their investment dealer well in advance of the cut-off time.

3iQ will not offer conversions to the 3iQ Bitcoin ETF or in-kind redemptions in 2026.

About 3iQ Digital Asset Management

Founded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum and Solana ETPs boosting investor returns, and offering other regulated ETPs. 3iQ is a subsidiary of Coincheck Group N.V., a NASDAQ-listed holding company based in the Netherlands. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iq.io.

W: https://www.3iq.io/

L: https://www.linkedin.com/company/3iq-corp/

X: https://x.com/3iq_corp

Contact Information

Pascal St-Jean – CEO

E: info@3iq.io

C: 1-416-639-2130

IMPORTANT NOTICES
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED THEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.

This announcement should not be distributed, forwarded, transmitted or otherwise disseminated in or into the United States. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction of the United States. The Funds' securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States. Neither this announcement, nor the fact that it has been disseminated, shall form the basis of, or be relied upon in connection with, any future information that we distribute.

There are ongoing fees and expenses associated with owning units of an investment fund. Please read the prospectus of the 3iQ Bitcoin ETF and the annual information form of The Bitcoin Fund (together, the "Funds") before investing. Important information about the Funds is contained in the prospectus of the 3iQ Bitcoin ETF and the annual information form of The Bitcoin Fund. Copies of the prospectus and the annual information form may be obtained from 3iQ Corp. at 3iQ.io or at www.sedar.com.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Funds on a stock exchange or other alternative Canadian trading system (an "exchange"). If units of the Funds are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the Funds and may receive less than the current net asset value when selling them.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

SOURCE 3iQ