• 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

Nubank Establishes National Trust Bank in the US

chest

Nubank has established Nubank, NA, a national trust bank in the US to enhance its financial offerings.

user avatarGustavo Mendoza

Iran Prepares for Potential Conflict Amid US Threats

chest

Iran's Crisis Management Department designates subway stations as shelters in response to US military threats.

user avatarMaria Fernandez

Visa Expands Global Stablecoin Settlement System

chest

Visa has launched a full-scale global stablecoin settlement system across multiple blockchains, processing over $35 billion in annual volume.

user avatarRajesh Kumar

Visa Partners with Circle for USDC Settlement on Arc Blockchain

chest

Visa partners with Circle to settle USDC on the Arc Layer1 blockchain, enhancing blockchain payment capabilities.

user avatarLuis Flores

Cardano Announces New Developments and Collaborations

chest

Cardano's founder announced the upcoming launch of USDCx, while several collaborations and developments are underway in the ecosystem.

user avatarMiguel Rodriguez

New Federal Reserve Chairman's Succession and Rising Geopolitical Tensions

chest

The succession of the new Federal Reserve Chairman is occurring alongside increasing tensions between the United States and Iran, impacting economic policies and cryptocurrency markets.

user avatarArif Mukhtar

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.