Which Canadian Bitcoin spot ETFs are currently available in the market?
Love YouDec 25, 2021 · 3 years ago1 answers
Can you provide a list of the Canadian Bitcoin spot ETFs that are currently available for trading in the market? I am interested in knowing which ETFs are specifically focused on Bitcoin and are available for trading in Canada.
1 answers
- Dec 25, 2021 · 3 years agoYes, there are several Canadian Bitcoin spot ETFs available in the market. One of the most popular options is the Purpose Bitcoin ETF (BTCC), which has gained significant attention since its launch. It allows investors to gain exposure to Bitcoin's price movements without the need to directly hold the cryptocurrency. Another option is the Evolve Bitcoin ETF (EBIT), which also provides exposure to Bitcoin's price. Additionally, the CI Galaxy Bitcoin ETF (BTCX) is another choice for investors looking to invest in Bitcoin through an ETF. These ETFs offer a regulated and accessible way for Canadian investors to participate in the Bitcoin market. Please note that the availability and performance of these ETFs may vary, so it's important to do your own research and consult with a financial advisor before making any investment decisions.
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