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BlackRock Canada Adds 3% Bitcoin Slice to New Toronto-Listed ETF Portfolio
['Sakamoto Nashi']
The Currency analytics
The headline product is the iShares Equity + Bitcoin ETF Portfolio, ticker IBQT, and it’s basically a globally diversified equity fund with a 3% Bitcoin kicker baked right in.
IBQT gets there through the firm’s Canadian iShares Bitcoin ETF, which trades on Cboe Canada.
See also: Bitcoin Hovers Near $65K With $854M ETF Inflows as CPI LoomsOver in the US, BlackRock’s iShares Bitcoin Trust, ticker IBIT, is the largest spot Bitcoin ETF by assets under management.
The iShares Equity + Bitcoin ETF Portfolio (IBQT) allocates 3% to Bitcoin through BlackRock’s Canadian iShares Bitcoin ETF, which trades on Cboe Canada.
BlackRock’s US-listed iShares Bitcoin Trust (IBIT) held approximately $47.9 billion in assets, making it the largest spot Bitcoin ETF by assets under management in the US market.