Curiosity has solely elevated since then. Within the US, Bitcoin ETFs’ web property surpassed US$100 billion in November 2024, gaining floor on US gold ETFs. Sean Farrell, head of digital asset technique at Fundstrat,
wrote in mid-2023 that the Bitcoin ETF class at massive has the potential to surpass the valuable metals ETF market when it comes to asset worth. “Bitcoin ETF finally may develop into >$300 billion class,” he acknowledged within the notice.
Ethereum ETFs have additionally develop into a significant speaking level. Ethereum is probably the most broadly used blockchain know-how, and Ether, the digital foreign money of this platform, is the second largest cryptocurrency after Bitcoin.
With that in thoughts, it’s value looking on the presently obtainable Canadian cryptocurrency ETFs. The checklist under contains 13 Ether and Bitcoin ETFs obtainable on the Canadian market sorted by property below administration, and all information offered is present as of April 17, 2025.
1. Goal Bitcoin ETF (TSX:BTCC)
Belongings below administration: C$2.6 billion
Billed because the world’s first bodily settled Bitcoin ETF, the Purpose Bitcoin ETF launched in February 2021 and is backed by Bitcoin in chilly storage. This implies the fund permits traders so as to add and promote Bitcoin with no digital pockets required.
Hosted by Canadian funding firm Goal Investments, the Goal Bitcoin ETF is backed by 22001.42 Bitcoins and has a administration expense ratio of 1.5 %.
2. CI Galaxy Bitcoin ETF (TSX:BTCX.B)
Belongings below administration: C$1.07 billion
Launched in March 2021, the CI Galaxy Bitcoin ETF was born out of a partnership between cryptocurrency leaders Galaxy Fund Administration and CI International Asset Administration. Galaxy Fund Administration is a part of Galaxy Digital, a diversified monetary companies agency with a deal with digital property and the blockchain know-how sector.
The ETF’s goal is to provide traders publicity to Bitcoin by way of an institutional-quality fund platform, as its holdings are wholly Bitcoin and are saved in chilly storage. At 0.4 %, this fund boasts one of many lowest administration charges of all of the crypto funds available on the market.
3. Constancy Benefit Bitcoin ETF (TSX:FBTC)
Belongings below administration: C$931.07 million
The most recent Bitcoin fund on this checklist, the Fidelity Advantage Bitcoin ETF, launched in November 2021. It affords the safety of Constancy’s in-house chilly storage companies for its holdings.
Whereas it beforehand had a administration price of 0.39 %, the Constancy Benefit Bitcoin ETF lowered it in January 2025 to an ultra-low administration price of 0.32 %.
5. CI Galaxy Ethereum ETF (TSX:ETHX.B)
Belongings below administration: C$284.3 million
The CI Galaxy Ethereum ETF, one other collaboration between CI and Galaxy, affords traders publicity to the spot Ethereum worth via Ether holdings in chilly storage. The fund launched on April 20, 2021, the same day as two of the opposite Ether ETFs on this checklist.
On the time, CI International Asset Administration instructed that “proudly owning Ether is just like proudly owning a basket of early-stage, high-growth know-how shares.”
The CI Galaxy Ethereum ETF additionally has notably low administration charges of simply 0.4 %.
6. Evolve Bitcoin ETF (TSX:EBIT)
Belongings below administration: C$229.8 million
Evolve ETFs partnered with cryptocurrency consultants, together with Gemini Belief Firm, CF Benchmarks, Cidel Financial institution & Belief and CIBC Mellon International Companies, to launch the Evolve Bitcoin ETF. The fund, which holds its personal Bitcoin, has a administration price of 0.75 %.
Launched every week after the Goal Bitcoin ETF, its holdings of Bitcoin are priced primarily based on the CME CF Bitcoin Reference Price, a once-a-day benchmark index worth for Bitcoin denominated in US {dollars}.
7. Goal Ether ETF (TSX:ETHH)
Belongings below administration: C$215.8 million
The Purpose Ether ETF is a direct-custody Ether ETF that launched on April 20, 2021. This fund holds 97598.07 Ether, which it shops in chilly storage.
The Goal Ether ETF affords traders publicity to the each day worth actions of bodily settled Ether tokens with a administration price of 1 %.
8. Goal Bitcoin Yield ETF (TSX:BTCY)
Belongings below administration: C$140 million
The Purpose Bitcoin Yield ETF makes use of a coated name technique to generate yield for traders, which includes writing name choices on Bitcoin. Name choices give the customer an choice to buy an asset at a selected worth on or earlier than a selected date.
Its construction permits the fund to earn revenue from possibility premiums whereas offering traders with publicity to Bitcoin’s worth actions. Its distributions are paid month-to-month.
9. Evolve Cryptocurrencies ETF (TSX:ETC)
Belongings below administration: C$61.35 million
The Evolve Cryptocurrencies ETF launched in September 2021 as the primary multi-cryptocurrency ETF, offering mixed publicity to each Bitcoin and Ether.
This product from Evolve ETFs permits traders to diversify their crypto portfolios and gives oblique publicity to the 2 cash, weighing them by market capitalization and rebalancing its holdings on a month-to-month foundation. Bitcoin makes up nearly all of its portfolio.
Whereas this ETF has no administration price, the underlying funds that maintain each Bitcoin and Ether have administration charges of 0.75 % plus relevant taxes.
11. Goal Ether Yield ETF (TSX:ETHY)
Belongings below administration: C$44.5 million
Just like the Goal Bitcoin Yield ETF, the Purpose Ether Yield ETF affords traders a possibility to put money into Ether whereas additionally producing yield. Goal Investments lends a portion of its Ether holdings to institutional debtors and earns curiosity on these loans.
Buyers who buy shares of this ETF obtain a portion of the curiosity earned in month-to-month distributions.
12. Evolve Ether ETF (TSX:ETHR)
Belongings below administration: C$40.52 million
The Evolve Ether ETF affords traders a better path to investing immediately in Ether. The fund’s holdings of Ether are priced primarily based on the CME CF Ether-Greenback Reference Price, a once-a-day benchmark index worth for Ether denominated in US {dollars}. As with the Evolve Bitcoin ETF, the Evolve Ether ETF has a administration price of 0.75 %.
13. Constancy Benefit Ether ETF (TSX:FETH)
Belongings below administration: C$24.2 million
Following the profitable launch of its Bitcoin fund, Constancy introduced its Advantage Ether ETF to market in September 2022, making this the latest Ether ETF in Canada. Its holdings are saved in Constancy’s in-house chilly storage.
The Constancy Benefit Ether ETF has a administration price of 0.4 %.
That is an up to date model of an article first printed by the Investing Information Community in 2021.
Don’t neglect to comply with us @INN_Technology for real-time information updates!
Securities Disclosure: I, Meagen Seatter, maintain no direct funding curiosity in any firm talked about on this article.
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