• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

BlackRock's Bitcoin ETF Launch in Canada

user avatar

by Giorgi Kostiuk

a year ago

BlackRock has launched a new Bitcoin ETF on the Cboe Canada platform, providing access to cryptocurrencies with minimal complexities.

What is the iShares Bitcoin ETF?

The iShares Bitcoin ETF by BlackRock offers investors the opportunity to invest in Bitcoin without the need for a digital wallet. This fund aims to track Bitcoin's net performance in terms of fees and other costs.

The iShares Fund gives Canadian investors an easy and affordable way to invest in Bitcoin.Helen Hayes, Head of iShares Canada at BlackRock

Significance of the Launch

The approval of the ETF in Canada is a significant event that promotes the adoption of digital assets in the country. It allows retail and institutional investors to purchase Bitcoin through brokerage firms in a regulated environment.

Investors seek crypto exposure through ETFs, and Cboe is ready to deliver.Rob Marrocco, Global Head of ETF Listings at Cboe

Conclusion

BlackRock's Bitcoin ETF launch on the Cboe Canada platform simplifies investors' experience with Bitcoin, removing complexities and allowing the use of traditional brokerage services.

This new step by BlackRock facilitates access to Bitcoin through an ETF on the Cboe Canada platform, promoting the spread of cryptocurrencies among a wide range of traders.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

ChipForge Achieves Milestones in Chip Development

chest

ChipForge has achieved significant milestones in chip development by completing a full RISCV processor core with advanced cryptographic capabilities and establishing a robust development infrastructure.

user avatarAisha Farooq

ChipForge Launches Decentralized Chip Design Platform

chest

ChipForge has launched a decentralized chip design platform powered by the TATSU ecosystem, aiming to democratize chip design and reduce costs and timelines in semiconductor development.

user avatarLi Weicheng

Understanding Partial Fills and Order Slicing in Trade Execution

chest

The report explains the difference between unwanted partial fills and the strategic use of order slicing in trade execution.

user avatarTenzin Dorje

Bybit Announces Upcoming VOOI Listing for Spot Trading

chest

Bybit announces the upcoming listing of VOOI for spot trading, enhancing liquidity and visibility for the asset.

user avatarMohamed Farouk

FTC Seeks Compensation from Nomad Bridge Operators After Major Hack

chest

The FTC is seeking compensation from Nomad bridge operators for a $186 million hack that occurred in 2022.

user avatarBayarjavkhlan Ganbaatar

Crybex Launches Revolutionary AI-Powered Digital Asset Exchange

chest

Crybex launches a revolutionary AI-powered digital asset exchange in London, enhancing trading outcomes for retail investors through autonomous trading systems.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.