Curiosity has solely elevated since then. Within the US, Bitcoin ETFs’ internet belongings 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 giant has the potential to surpass the dear metals ETF market when it comes to asset worth. “Bitcoin ETF ultimately may develop into >$300 billion class,” he acknowledged within the word.
Ethereum ETFs have additionally develop into a significant speaking level. Ethereum is probably the most broadly used blockchain expertise, and Ether, the digital foreign money of this platform, is the second largest cryptocurrency after Bitcoin.
With that in thoughts, it’s price looking on the presently obtainable Canadian cryptocurrency ETFs. The listing under contains 13 Ether and Bitcoin ETFs obtainable on the Canadian market sorted by belongings beneath administration, and all knowledge introduced is present as of April 17, 2025.
1. Goal Bitcoin ETF (TSX:BTCC)
Property beneath administration: C$2.6 billion
Billed because the world’s first bodily settled Bitcoin ETF, the Goal Bitcoin ETF launched in February 2021 and is backed by Bitcoin in chilly storage. This implies the fund permits buyers 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)
Property beneath 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 providers agency with a give attention to digital belongings and the blockchain expertise sector.
The ETF’s goal is to offer buyers publicity to Bitcoin through 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)
Property beneath administration: C$931.07 million
The latest Bitcoin fund on this listing, the Constancy Benefit Bitcoin ETF, launched in November 2021. It gives the safety of Constancy’s in-house chilly storage providers for its holdings.
Whereas it beforehand had a administration charge of 0.39 %, the Constancy Benefit Bitcoin ETF lowered it in January 2025 to an ultra-low administration charge of 0.32 %.
5. CI Galaxy Ethereum ETF (TSX:ETHX.B)
Property beneath administration: C$284.3 million
The CI Galaxy Ethereum ETF, one other collaboration between CI and Galaxy, gives buyers publicity to the spot Ethereum value via Ether holdings in chilly storage. The fund launched on April 20, 2021, the identical day as two of the opposite Ether ETFs on this listing.
On the time, CI International Asset Administration urged that “proudly owning Ether is much like proudly owning a basket of early-stage, high-growth expertise shares.”
The CI Galaxy Ethereum ETF additionally has notably low administration charges of simply 0.4 %.
6. Evolve Bitcoin ETF (TSX:EBIT)
Property beneath 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 Providers, to launch the Evolve Bitcoin ETF. The fund, which holds its personal Bitcoin, has a administration charge of 0.75 %.
Launched per week after the Goal Bitcoin ETF, its holdings of Bitcoin are priced based mostly on the CME CF Bitcoin Reference Price, a once-a-day benchmark index value for Bitcoin denominated in US {dollars}.
7. Goal Ether ETF (TSX:ETHH)
Property beneath administration: C$215.8 million
The Goal 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 gives buyers publicity to the day by day value actions of bodily settled Ether tokens with a administration charge of 1 %.
8. Goal Bitcoin Yield ETF (TSX:BTCY)
Property beneath administration: C$140 million
The Goal Bitcoin Yield ETF makes use of a coated name technique to generate yield for buyers, which entails writing name choices on Bitcoin. Name choices give the client an choice to buy an asset at a selected value on or earlier than a selected date.
Its construction permits the fund to earn revenue from choice premiums whereas offering buyers with publicity to Bitcoin’s value actions. Its distributions are paid month-to-month.
9. Evolve Cryptocurrencies ETF (TSX:ETC)
Property beneath 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 buyers to diversify their crypto portfolios and offers oblique publicity to the 2 cash, weighing them by market capitalization and rebalancing its holdings on a month-to-month foundation. Bitcoin makes up the vast majority of its portfolio.
Whereas this ETF has no administration charge, 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)
Property beneath administration: C$44.5 million
Just like the Goal Bitcoin Yield ETF, the Goal Ether Yield ETF gives buyers a chance 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)
Property beneath administration: C$40.52 million
The Evolve Ether ETF gives buyers a neater path to investing straight in Ether. The fund’s holdings of Ether are priced based mostly on the CME CF Ether-Greenback Reference Price, a once-a-day benchmark index value for Ether denominated in US {dollars}. As with the Evolve Bitcoin ETF, the Evolve Ether ETF has a administration charge of 0.75 %.
13. Constancy Benefit Ether ETF (TSX:FETH)
Property beneath administration: C$24.2 million
Following the profitable launch of its Bitcoin fund, Constancy introduced its Benefit 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 charge of 0.4 %.
That is an up to date model of an article first revealed 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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