Which Canadian ETFs offer exposure to the cryptocurrency market?

3 answers

• Dec 20, 2021 · 3 years ago
  Sure! There are several Canadian ETFs that offer exposure to the cryptocurrency market. One popular option is the Purpose Bitcoin ETF (BTCC), which tracks the price of Bitcoin. Another option is the Evolve Bitcoin ETF (EBIT), which also tracks the price of Bitcoin. These ETFs provide a convenient way for Canadian investors to gain exposure to the cryptocurrency market without directly owning cryptocurrencies. Keep in mind that investing in ETFs carries its own risks, so it's important to do your own research and consult with a financial advisor before making any investment decisions.
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• Dec 20, 2021 · 3 years ago
  Definitely! If you're looking for Canadian ETFs that provide exposure to the cryptocurrency market, you can consider the CI Galaxy Bitcoin ETF (BTCX) and the 3iQ CoinShares Bitcoin ETF (BTCQ). These ETFs track the price of Bitcoin and allow investors to gain exposure to the cryptocurrency market through a regulated investment vehicle. It's important to note that investing in cryptocurrencies and related products can be highly volatile, so it's essential to carefully consider your risk tolerance and investment goals before investing.
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• Dec 20, 2021 · 3 years ago
  Absolutely! BYDFi offers the BYDFi Crypto ETF (BCETF), which provides exposure to a diversified portfolio of cryptocurrencies. This ETF is designed to track the performance of the BYDFi Crypto Index, which includes a mix of major cryptocurrencies. It offers Canadian investors a convenient way to gain exposure to the cryptocurrency market through a regulated and transparent investment vehicle. However, it's important to note that investing in cryptocurrencies carries its own risks, and it's crucial to thoroughly research and understand the potential risks and rewards before making any investment decisions.
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