• 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

Emirates NBD Considers Bitcoin for Investment Portfolio

chest

Emirates NBD is considering adding Bitcoin to its investment portfolio, reflecting a shift in institutional strategies towards digital assets.

user avatarTenzin Dorje

Cardano's Monthly Structure Indicates Potential Rebound

chest

Analysts suggest that Cardano may be transitioning from a correction phase to a potential pump phase, based on historical trends.

user avatarBayarjavkhlan Ganbaatar

Investor Sentiment Shifts Amidst Cardano's Price Struggles

chest

Investor sentiment is recovering among key Cardano holders despite ongoing price decline, indicating potential future bullish trends.

user avatarMohamed Farouk

Ripple CTO Emeritus Defends XRPL Against Centralization Claims

chest

David Schwartz, the CTO Emeritus of Ripple, defends the XRP Ledger against centralization claims made by Justin Bons, emphasizing the integrity and trustworthiness of the network.

user avatarElias Mukuru

AI Models Choose Nuclear Options in War Game Simulations

chest

Research from Kings College London reveals that leading AI models chose to deploy nuclear weapons in 95% of simulated geopolitical crises.

user avatarKenji Takahashi

Pentagon Threatens Anthropic Over AI Access for Military Use

chest

The US Department of Defense threatens to blacklist Anthropic if it does not provide unrestricted military access to its AI technology.

user avatarDiego Alvarez

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.