TORONTO--(BUSINESS WIRE)--Cboe Canada Inc. (“Cboe Canada”) is proud to welcome BlackRock Asset Management Canada Limited for the launch of their latest ETF, the iShares Bitcoin ETF (the “iShares Fund”). The iShares ETF now trades on Cboe Canada under the symbol IBIT, with U.S. dollar denominated units trading under the symbol IBIT.U.
The iShares Bitcoin ETF seeks to reflect generally the performance of the price of bitcoin, before payment of the iShares Fund’s expenses and liabilities. The iShares Fund invests all or substantially all of its assets in iShares Bitcoin Trust ETF (“U.S. IBIT”), and U.S. IBIT invests in and holds substantially all of its assets in long-term holdings of bitcoin. The iShares Bitcoin ETF will allow investors to gain access to bitcoin in their brokerage accounts.
“The launch of the iShares Bitcoin ETF in Canada underscores BlackRock’s commitment to innovation and providing clients access to an expanding world of investments. The iShares Fund provides Canadian investors with a convenient and cost-effective way to gain exposure to bitcoin and helps remove the operational and custody complexities of holding bitcoin directly,” said Helen Hayes, Head of iShares Canada, BlackRock.
IBIT and IBIT.U are now trading alongside seven iShares listings already trading on Cboe Canada. Investors can trade units of iShares ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers.
“Cboe has a history of bringing many first-of-their-kind products to market, including spot crypto ETFs in the United States, and we’re thrilled to continue our leadership in innovation by listing BlackRock Canada’s IBIT ETF on Cboe Canada,” said Rob Marrocco, Global Head of ETF Listings at Cboe. “Investors increasingly seek crypto exposure through exchange-listed wrappers, and Cboe intends to meet this demand by leveraging both our global listings capabilities and our derivatives expertise to broaden market access and grow the crypto ecosystem with new products. We are pleased to work with BlackRock and look forward to supporting their success on a global scale through our global listings network.”
Cboe Canada is home to ETFs from Canada’s largest ETF issuers, the entire suite of Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. Cboe consistently facilitates 15% of all volume traded in Canadian listed securities. Click here for a complete view of all Cboe-listed securities.
RBC iShares aims to help clients achieve their investment objectives by empowering them to build efficient portfolios and take control of their financial futures. RBC iShares is committed to delivering a truly differentiated ETF experience and positive outcomes for clients.
For more information about RBC iShares, please visit https://www.rbcishares.com/.
About Cboe Canada
Cboe Canada is Canada’s Tier 1 stock exchange providing a best-in-class listing experience for Issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
Cboe Canada is part of Cboe Global Markets, the leading securities and derivatives exchange for the world stage. With exchanges in North America, Europe and Asia Pacific, Cboe is harnessing its global network to equip Issuers with essential capital markets solutions and exceptional service.
Cboe powers ETF Market Canada, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge.
Connect with Cboe Canada: Website | LinkedIn | X | Instagram | Facebook
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, BlackRock helps millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.
About iShares ETFs
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1400+ exchange traded funds (ETFs) and US$4.2 trillion in assets under management as of September 30, 2024, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.
iShares® ETFs are managed by BlackRock Asset Management Canada Limited.
Connect with BlackRock: Website | LinkedIn | X | Instagram | Facebook
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. RBC’s success comes from the 98,000+ employees who leverage their imaginations and insights to bring its vision, values and strategy to life so RBC can help its clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, RBC has a diversified business model with a focus on innovation and providing exceptional experiences to its more than 18 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
About RBC Global Asset Management
RBC Global Asset Management (“RBC GAM”) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (“RBC GAM Inc.”) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional) and RBC Indigo Asset Management Inc., manage approximately $680 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited. Commissions, trailing commissions, management fees and expenses all may be associated with investing in ETFs. Please read the relevant prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.
® / TM Trademark(s) of Royal Bank of Canada. Used under license. iSHARES is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used under license. © 2025 BlackRock Asset Management Canada Limited and RBC Global Asset Management Inc. All rights reserved.
