Cryptocurrency ETFs simplify access to digital assets by packaging them into traditional investment vehicles. These funds are ideal for investors seeking exposure to crypto without managing private keys or cold storage.
Canada pioneered North America’s first crypto ETFs, which trade on the Toronto Stock Exchange. While U.S. regulators remain cautious, Canadian investors can choose from several Bitcoin, Ethereum, and multi-crypto ETFs.
Best Canadian Crypto ETFs of 2025
Best Bitcoin ETFs in Canada
Purpose Bitcoin ETF (BTCC)
- Ticker: BTCC, BTCC.B, BTCC.U
- Management Fee: 1.00%
- AUM: $3 billion
- Performance: 97.63% 1-year return (as of Dec 2024)
- Details: Holds BTC in cold storage; available in CAD/USD.
CI Galaxy Bitcoin ETF (BTCX)
- Ticker: BTCX.B, BTCX.U
- Management Fee: 0.40% (lowest among peers)
- AUM: $1.2 billion
- Performance: 140% 1-year return.
Evolve Bitcoin ETF (EBIT)
- Ticker: EBIT, EBIT.U
- Management Fee: 0.75%
- Performance: 139.49% 1-year return.
3iQ Bitcoin ETF (BTCQ)
- Ticker: BTCQ, BTCQ.U
- Management Fee: 1.00%
- Performance: 100% 1-year return.
Best Ethereum ETFs in Canada
Purpose Ether ETF (ETHH)
- Ticker: ETHH, ETHH.B, ETHH.U
- Management Fee: 1.00%
- Performance: 40.72% 1-year return.
CI Galaxy Ethereum ETF (ETHX)
- Ticker: ETHX.B, ETHX.U
- Management Fee: 0.40%
- Performance: 56.10% 1-year return.
Evolve Ether ETF (ETHR)
- Ticker: ETHR, ETHR.U
- Performance: 54.88% 1-year return.
3iQ Ether Staking ETF (ETHQ)
- Ticker: ETHQ, ETHQ.U
- Performance: 39% 1-year return.
Multi-Crypto ETF
Evolve Cryptocurrencies ETF (ETC)
- Holdings: 83.7% Bitcoin (via EBIT), 16.32% Ethereum (via ETHR).
- Performance: 114.89% 1-year return.
👉 Explore Multi-Crypto Options
How to Invest in Crypto ETFs
- Open a brokerage account (e.g., Questrade).
- Search for the ETF ticker (e.g., BTCC, ETHX).
- Purchase shares in CAD or USD.
Tax Note: Gains in TFSAs/RRSPs are tax-sheltered.
Pros and Cons of Crypto ETFs
| Pros | Cons |
|-----------------------------------|-----------------------------------|
| Regulated investment vehicle | High volatility (50%+ swings) |
| No custody risks | High fees (up to 1.5% MER) |
| Tax-efficient in registered accounts | No 1:1 redemption for physical crypto |
FAQs
Q: Which Bitcoin ETF has the lowest fee?
A: CI Galaxy Bitcoin ETF (BTCX) at 0.40%.
Q: Are there Dogecoin ETFs in Canada?
A: No approved Dogecoin ETFs exist.
Q: Can I trade crypto ETFs in a TFSA?
A: Yes, but ensure your broker supports it.
Q: How many crypto ETFs are in Canada?
A: Over 11 as of 2025.
Final Thoughts
Canadian crypto ETFs offer a balanced mix of convenience and risk. For long-term growth, consider low-fee options like BTCX or ETHX. Always assess your risk tolerance before investing.