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The Globe and Mail Contributed to The Globe and Mail Published March 12, 2021 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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At the end of February, the Canadian ETF Industry reached a new record high of $270 billion in assets under management. The number of ETFs listed in Canada continues to grow as we welcomed the world’s first bitcoin ETF.
Once more, Canadian regulators prove to be more accepting of disruptive investment products. In the U.S, approximately 10 Bitcoin ETFs have either been rejected or are still waiting approval by the SEC. Will the success of the Canadian-listed Bitcoin ETFs pave the way for our U.S. counterparts?