BlackRock Introduces iShares Bitcoin ETF on CBOE Canada

In a significant move for cryptocurrency investments, BlackRock Asset Management Canada Limited has unveiled its latest iShares Bitcoin ETF, now trading on Cboe under the symbol IBIT. This innovative ETF allows investors to seamlessly integrate Bitcoin into their brokerage accounts, marking a pivotal moment in the accessibility of cryptocurrency investments.

Simplifying Bitcoin Investment for Canadians

Helen Hayes, Head of iShares Canada at BlackRock, emphasized the company's dedication to innovation and expanding investment opportunities. "The iShares Bitcoin ETF offers Canadian investors a straightforward and economical method to gain exposure to Bitcoin, eliminating the complexities associated with direct ownership," Hayes stated. This development is a testament to BlackRock's commitment to making cutting-edge investment vehicles available to a broader audience.

Expanding iShares Portfolio on Cboe Canada

The introduction of IBIT adds to the seven existing iShares listings on Cboe Canada, further diversifying the investment options available to Canadians. Rob Marrocco, Global Head of ETF Listings at Cboe, expressed enthusiasm about the collaboration, "We are delighted to partner with BlackRock and eager to support their global success through our extensive listings network." This partnership underscores the growing interest and confidence in cryptocurrency as a legitimate and valuable asset class.