As the world of cryptocurrency continues to evolve and gain mainstream acceptance, investors are increasingly turning to Exchange-Traded Funds (ETFs) as a convenient way to gain exposure to this emerging asset class. In Canada, several ETFs cater specifically to the needs of investors interested in cryptocurrencies. These Canadian crypto ETFs provide a unique investment opportunity for those looking to diversify their portfolios and capitalize on the potential growth of the digital asset market.
1. Purpose Bitcoin ETF (BTCC)
Purpose Bitcoin ETF (BTCC) was the first Bitcoin ETF launched in Canada and has quickly gained popularity among investors seeking exposure to the world’s largest cryptocurrency. The ETF directly holds bitcoin and offers investors a convenient way to invest in the digital asset without needing to purchase or store it themselves.
2. CI Galaxy Bitcoin ETF (BTCX)
CI Galaxy Bitcoin ETF (BTCX) is another popular option for investors looking to gain exposure to bitcoin through an ETF. Like BTCC, BTCX directly holds bitcoin as its underlying asset, providing investors with a simple and effective way to invest in the cryptocurrency.
3. 3iQ CoinShares Bitcoin ETF (BTCQ)
3iQ CoinShares Bitcoin ETF (BTCQ) offers investors exposure to bitcoin as well as Ethereum through a single ETF. This diversified approach appeals to investors looking to gain exposure to multiple cryptocurrencies within a single investment vehicle.
4. Bitcoin ETF (BITC)
Bitcoin ETF (BITC) is yet another ETF that directly holds bitcoin as its underlying asset. This ETF provides investors with a straightforward way to invest in the digital asset market and capitalize on the potential growth of bitcoin over the long term.
5. Purpose Ether ETF (ETHH)
Purpose Ether ETF (ETHH) offers investors exposure to Ethereum, the second-largest cryptocurrency by market capitalization. This ETF provides investors with a convenient way to invest in Ethereum without needing to directly purchase and store the digital asset themselves.
6. CI Galaxy Ethereum ETF (ETHX)
CI Galaxy Ethereum ETF (ETHX) is another popular option for investors seeking exposure to Ethereum. This ETF holds Ethereum as its underlying asset, providing investors with a unique opportunity to invest in one of the most widely used cryptocurrencies in the world.
7. Evolve Bitcoin ETF (EBIT)
Evolve Bitcoin ETF (EBIT) is designed to provide investors with exposure to the price of bitcoin without directly holding the digital asset. This ETF offers a convenient way for investors to gain exposure to bitcoin’s price movement through a traditional investment vehicle.
8. Evolve Ether ETF (EETH)
Evolve Ether ETF (EETH) offers investors exposure to Ethereum’s price movement through an ETF structure. This ETF provides investors with a simple and effective way to invest in Ethereum without needing to purchase and store the digital asset themselves.
9. Horizons Enhanced Income Bitcoin ETF (EBIT)
Horizons Enhanced Income Bitcoin ETF (EBIT) employs an options trading strategy to generate income for investors seeking exposure to bitcoin. This unique approach appeals to investors looking to earn income from their cryptocurrency investments while also benefiting from potential price appreciation.
10. Horizons Enhanced Income Ethereum ETF (EEETH)
Horizons Enhanced Income Ethereum ETF (EEETH) utilizes a similar options trading strategy to generate income for investors seeking exposure to Ethereum. This ETF provides investors with a way to earn income from their Ethereum investments while also participating in the cryptocurrency’s price movement.
11. 3iQ CoinShares Ether ETF (ETHQ)
3iQ CoinShares Ether ETF (ETHQ) offers investors exposure to Ethereum as its underlying asset. This ETF provides investors with a convenient way to invest in Ethereum through a traditional investment vehicle.
12. 3iQ CoinShares Crypto ETF (BTCQ.U)
3iQ CoinShares Crypto ETF (BTCQ.U) is a diversified ETF that invests in both bitcoin and Ethereum. This ETF offers investors exposure to the two largest cryptocurrencies by market capitalization in a single investment vehicle.
13. FD7 Ventures Bitcoin Canada ETF (FDCAN)
FD7 Ventures Bitcoin Canada ETF (FDCAN) is an actively managed ETF that seeks to provide investors with exposure to bitcoin. This unique ETF employs an active management strategy to capitalize on the potential growth opportunities within the cryptocurrency market.
Overall, Canadian crypto ETFs offer investors a convenient and diversified way to gain exposure to cryptocurrencies such as bitcoin and Ethereum. With a range of options available, investors can choose an ETF that aligns with their investment objectives and risk tolerance. As the cryptocurrency market continues to evolve, Canadian crypto ETFs provide a valuable investment opportunity for those looking to capitalize on the potential growth of digital assets.