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Are there any Bitcoin ETFs available in Canada?

avatarKjeldsen SteensenDec 19, 2021 · 3 years ago2 answers

Can you tell me if there are any Bitcoin ETFs available for investment in Canada? I'm interested in exploring this investment option and would like to know if it's available in the Canadian market.

Are there any Bitcoin ETFs available in Canada?

2 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, there are Bitcoin ETFs available in Canada. The most popular one is the Purpose Bitcoin ETF (BTCC), which was launched in February 2021. It allows investors to gain exposure to Bitcoin without directly owning it. The ETF is listed on the Toronto Stock Exchange (TSX) and can be bought and sold like any other stock. It has gained significant attention and popularity among investors looking to invest in Bitcoin through a regulated and traditional investment vehicle.
  • avatarDec 19, 2021 · 3 years ago
    While I can't speak for other exchanges, BYDFi does not currently offer Bitcoin ETFs. However, there are several options available in Canada. One of the popular choices is the Purpose Bitcoin ETF (BTCC), which has gained significant attention since its launch. It provides investors with a regulated and accessible way to gain exposure to Bitcoin through the traditional investment vehicle of an ETF. It is listed on the Toronto Stock Exchange and can be bought and sold like any other stock.