Steno Research analysts predict that Bitcoin ETFs could see an estimated $48 billion in net inflows during 2025.
Asset manager BlackRock is launching a new Bitcoin (BTC) exchange-traded fund (ETF) on Cboe Canada, the Canadian securities exchange said on Jan. 13.
The ETF is designed to give Canadian investors access to BlackRock’s flagship US spot Bitcoin fund, iShares Bitcoin Trust (IBIT). It will invest “all or substantially all of its assets” in IBIT, Cboe Canada said.
Dubbed iShares Bitcoin ETF, the Canadian fund will trade under the same ticker, IBIT, as BlackRock’s US product. Shares denominated in US Dollars will be traded under the ticker IBIT.U, the exchange said.
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