Exchange-traded fund providers Purpose Investments and Evolve ETFs have each rolled out the first and highly anticipated Bitcoin ETFs in Canada.

Purpose made history last week as the first provider to offer Bitcoin ETFs in Canada. Launched on 18 February, the Canadian dollar denominated tracker fund offers currency hedged units as well as US dollar denominated non-currency hedged units. Both are now trading on the Toronto Stock Exchange. Evolve ETFs which is headed by the former head of retail markets and structured products at Fiera capital Raj Lala followed suit and launched its own Bitcoin ETF on 19 February. The Evolve ETF also list

Continue reading and get unlimited access for 7 days with a free trial of SRP.

Get a free trial

Already a subscriber? Login