Bitcoin ETF: Ontario Securities Commission Approves Second BTC Exchange Traded Fund or ETF from Evolve Funds
February 19, 2021 @ 8:38 am By Omar Faridi
As digital assets investing continues to become more widely adopted by institutional clients, Canada is introducing its second cryptocurrency exchange-traded-fund (ETF). The
Ontario Securities Commission (OSC) has reportedly approved the second Bitcoin ETF from
The new fund aims to offer investors exposure to the daily price movements of the US dollar price of Bitcoin (BTC), the flagship digital currency. Many crypto investors believe an ETF could be a way for more retail clients to gain price exposure to Bitcoin. An ETF trades on the regular stock markets, and investors are not required to set up a crypto-asset wallet to make investments.