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ARTICLE · 18 MARCH 2021

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Canadian Regulators Approve World's First Bitcoin ETF For Individual Investors

In a milestone moment for cryptocurrency investments, the Purpose Bitcoin ETF—the world's first Bitcoin exchange-traded fund—began trading on the Toronto Stock Exchange under the ticker symbol BTCC.

CanadaTechnology

In a milestone moment for cryptocurrency investments, the Purpose Bitcoin ETF-the world's first Bitcoin exchange-traded fund-began trading on the Toronto Stock Exchange under the ticker symbol BTCC.

The Ontario Securities Commission (OSC) gave its go-ahead on February 18, 2021. Although Europe boasts Bitcoin exchange-traded products that are also accessible to retail investors, this is the first vehicle of its kind in North American and the first globally to carry the ETF designation. This places Canada in a unique trailblazing position, one that is either exciting and innovative or reckless and ill-advised depending on your viewpoint on these uncharted waters.

A New Way to Invest in the Most Valuable Cryptocurrency

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