Cryptocurrency Q&A
Does Canada have a Bitcoin ETF?
Does Canada have a Bitcoin ETF?
KatanaBlade
Tue Dec 24 2024
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5 answers
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Canada was the first country to introduce a Bitcoin ETF in February 2021, which attracted significant investor attention and funds. However, recent market developments have seen a shift, with Canadian Bitcoin ETFs facing outflows while US-based Bitcoin ETFs are experiencing strong inflows.
5 answers
DiamondStorm
Thu Dec 26 2024
This trend has been ongoing for several years, with investors seeking to diversify their portfolios and capitalize on the growing popularity of digital currencies.
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Chiara
Thu Dec 26 2024
Canadians have shown a keen interest in investing in crypto ETFs, particularly those that include Bitcoin spot ETFs.
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Carlo
Wed Dec 25 2024
A significant milestone was achieved in February 2021, when Canada became the first country to approve the launch of crypto ETFs.
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Federico
Wed Dec 25 2024
The Purpose Bitcoin ETF was the first to be approved, paving the way for other similar funds to enter the market.
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Arianna
Wed Dec 25 2024
Shortly after the Purpose Bitcoin ETF's approval, other notable ETFs such as the CI Galaxy Bitcoin ETF and Fidelity Advantage Bitcoin ETF followed suit.
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