Canada is a country in North America with a constitutional monarchy form of government. It is the second largest in terms of territory and one of the richest countries in the world as far as the average income per person. Currently, it is a decent place for the crypto industry as the government supports all investigations into and developments of the blockchain technology. Also, Canada’s cryptocurrency regulation is not supposed to tighten in terms of control and taxing of transactions made through virtual currencies. In addition, in July 2017, the British Columbia Security Commission provided registration to an investment company which offers services related to Bitcoin and digital assets. In Canada, cryptocurrency trading is absolutely legal and available with a wide range of exchange ATMs.
Subject to regulatory approval, the asset manager will convert its Bitcoin trust to an ETF starting next week.
Canadian firm files final prospectus for Bitcoin ETF
While Bitcoin may evolve to become gold 2.0, Ether-based funds could offer investors exposure to a new utility technology.
Ethereum ETFs are here, building case for US approval of BTC and ETH funds
The fund's units began trading roughly three weeks after the investment manager filed a final prospectus with Canadian regulators.
Bitcoin ETF from 3iQ and Coinshares goes live in Canada
Canadian stock market investors will soon have a wide range of options to choose from when it comes to Ethereum ETFs.
ETH bonanza as three North American Ethereum ETFs approved in one day
The Horizons Inverse Bitcoin ETF (BITI) aims to allow investors to take advantage of Bitcoin price volatility, says executive.
New ‘inverse’ Bitcoin ETF now lets investors short BTC price
In less than two months, one Canadian Bitcoin ETF attracted $1.1 billion in assets under management, while two more funds are also growing their AUMs.
Canadian Bitcoin ETFs quickly hit $1.3B in AUM while US acceptance lags
INX has been accepting cryptocurrencies like Bitcoin and Ether for its SEC-approved security token IPO since September 2020.
SEC-registered crypto issuer INX to wrap up IPO in April