The Evolve bitcoin exchange-traded fund (ETF) is trading on the Toronto Stock Exchange under the ticker “EBIT,” effective Friday.
This is the second bitcoin (BTC, +1.59%) ETF to be have been approved by the Ontario Securities Commission (OSC) after Purpose Investment’s bitcoin ETF went live on the TSX on Thursday.
Both Evolve and Purpose Investment’s bitcoin ETFs have a management fee of 1%. Read more…..
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Som Seif, CEO of Purpose Investments, joins CoinDesk TV’s First Mover to discuss the company’s bitcoin exchange traded fund, reportedly the first such ETF in the world, launching in Canada.