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The world’s largest corporate holder of Bitcoin has been selling—should you be concerned?
['Aditya Nain', 'Aditya Nain Is An Author', 'Speaker', 'Educator Who Writes About Canadian Investments', 'Personal Finance', 'Crypto. He Has Co-Authored Two Books', 'Taught At Universities For Years.']
MoneySense
If you want to explore BTC spot ETFs in Canada, here’s a list in no particular order:ETF name Ticker symbols (based on currency) Exchange Purpose Bitcoin ETF BTCC, BTCC.B, BTCC.U TSX Purpose Core Bitcoin ETF BTCO.B, BTCO.U TSX Evolve Bitcoin ETF EBIT, EBIT.U TSX CI Galaxy Bitcoin ETF BTCX.B, BTCX.U TSX 3iQ Bitcoin ETF BTCQ, BTCQ.U TSX Fidelity Advantage Bitcoin ETF FTBC, FBTC.U TSX iShares Bitcoin ETF IBIT, IBIT.U Cboe CanadaIs quantum computing coming for your BTC?
In MoneySense’s ranking of the best crypto platforms and apps, Coinbase was right up there with gold in the category of “Best overall crypto platform.”
Here are the top platforms based on that article:Gold Silver Best overall crypto platform Coinbase Kraken Best crypto platform for user experience Ndax Wealthsimple Best crypto platform for beginners Wealthsimple NdaxUntil now, Coinbase has remained purely a crypto exchange.
If Coinbase does go down this road in Canada, it will compete with a household name in Canadian financial services: Wealthsimple.
Investing in bitcoin and other crypto coins carries significant market, technological, and regulatory risks.