How does the Bitcoin spot ETF in Canada work?

3 answers

• KmartMay 09, 2025 · 6 months ago
  The Bitcoin spot ETF in Canada is a type of investment vehicle that allows investors to gain exposure to the price movements of Bitcoin without actually owning the underlying asset. It operates by holding Bitcoin as its primary asset and issuing shares to investors. These shares can be bought and sold on the stock exchange, providing investors with a convenient way to invest in Bitcoin. The spot ETF tracks the price of Bitcoin in real-time, allowing investors to benefit from its price fluctuations. This type of investment vehicle is regulated by the Canadian government and provides investors with a regulated and secure way to invest in Bitcoin.
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• Osborne JonssonMay 20, 2021 · 5 years ago
  The Bitcoin spot ETF in Canada works by allowing investors to buy shares of the ETF, which represent a proportional ownership of the underlying Bitcoin held by the fund. The ETF holds Bitcoin in a custodial account, and the value of the shares is directly tied to the price of Bitcoin. As the price of Bitcoin goes up or down, the value of the shares will also fluctuate. Investors can buy and sell shares of the ETF on the stock exchange, providing them with liquidity and flexibility. This type of investment vehicle is popular among investors who want exposure to Bitcoin but do not want to deal with the complexities of owning and storing the cryptocurrency themselves.
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• John SteenMay 29, 2024 · a year ago
  BYDFi, a digital asset exchange, offers a Bitcoin spot ETF in Canada. The ETF operates by holding Bitcoin as its primary asset and issuing shares to investors. These shares can be bought and sold on the stock exchange, providing investors with a convenient way to invest in Bitcoin. The spot ETF tracks the price of Bitcoin in real-time, allowing investors to benefit from its price fluctuations. BYDFi's Bitcoin spot ETF is regulated by the Canadian government, providing investors with a regulated and secure way to invest in Bitcoin. It offers a user-friendly platform for investors to buy and sell shares of the ETF, making it easy for anyone to participate in the Bitcoin market.
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