BlackRock Canada launches two Toronto-listed ETFs, one with 3% Bitcoin

BlackRock Canada has launched two Toronto Stock Exchange-listed ETFs under the RBC iShares partnership, led by the iShares Equity + Bitcoin ETF Portfolio, or IBQT, which began trading on Aug. 10 with 97% in global equities and a fixed 3% allocation to Bitcoin, alongside the iShares Core MSCI All-International Equity Index ETF, or XINT, which tracks more than 5,000 stocks outside Canada and the United States and charges 0.23% annually. IBQT gains its Bitcoin exposure through BlackRock's Canadian iShares Bitcoin ETF on Cboe Canada rather than by holding the token directly, charges a 0.22% annual management fee, and is designed as a one-ticker way to add measured crypto exposure in a normal brokerage account or registered plans such as TFSAs and RRSPs. The launch extends Canada's early lead in regulated crypto funds after it listed North America's first spot Bitcoin ETF in 2021, and arrives with Bitcoin trading near $64,075 on Aug. 11, down 1.4% over 24 hours, while CoinMarketCap's Fear and Greed Index stood at 38.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.