There’s more to cryptocurrency exchange-traded funds (ETFs) than Bitcoin (BTC) and Ethereum (ETH).
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While most investors focus on ETFs that track the spot prices of BTC and ETH, the two largest cryptocurrencies by market capitalization, there are many more options available to investors willing to look further afield.
Canada is home to a wide variety of crypto ETFs that go further than Bitcoin and Ethereum. In fact, Canadian regulators approved spot Bitcoin and Ethereum ETFs before regulators in the U.S. The northern country continues to be proactive on crypto trading, and investors can find diversity within the Canadian market.
Canadian Crypto ETFs
Innovative crypto ETFs to consider include the 3iQ Ether Staking ETF (ETHQ). This Canadian ETF invests in Ethereum and has staked a portion of the Ether held in the ETF to provide investors with yield. There’s also the Evolve Cryptocurrencies ETF (ETC) that provides exposure to Bitcoin, Ethereum, Solana (SOL), and XRP (XRP).
For investors also interested in artificial intelligence (AI), there’s the Ninepoint Crypto and AI Leaders ETF (TKN) that focuses on emerging technologies and gives investors exposure to Web3, blockchain, and digital asset products. Below is a chart comparing these three crypto ETFs.
