The complete guide to Canadian cryptocurrency ETFs — Bitcoin ETFs, Ethereum ETFs, and multi-asset crypto funds available on the TSX for TFSA, RRSP, and taxable accounts.
KOHO is the smart choice for your CAD spending while you invest in crypto. No monthly fees, instant e-transfers, earn cash back on everyday purchases.
Get KOHO Free — Code 45ET55JSYACanada was the first country in the world to approve physically-backed Bitcoin ETFs, launching Purpose Bitcoin ETF (BTCC) in February 2021 — months before the United States approved its first Bitcoin ETF. Since then, multiple providers have launched Bitcoin, Ethereum, and diversified crypto ETFs on the Toronto Stock Exchange.
Crypto ETFs offer several advantages over buying crypto directly: they are qualified investments eligible for TFSA and RRSP accounts, they are custodied by institutional-grade providers, and they are purchased through standard brokerage accounts alongside stocks and bonds. The trade-off is annual management fees (MER) and no ability to move holdings to self-custody wallets.
| ETF Name | Ticker | MER | AUM (approx) | Custodian |
|---|---|---|---|---|
| Purpose Bitcoin ETF | BTCC (CAD) / BTCC.U (USD) | 1.00% | $1.5B+ | Gemini |
| Evolve Bitcoin ETF | EBIT | 0.75% | $300M+ | Gemini |
| CI Galaxy Bitcoin ETF | BTCX.B / BTCX.U | 0.40% | $400M+ | Galaxy Digital |
| Fidelity Advantage Bitcoin ETF | FBTC | 0.39% | $300M+ | Fidelity Digital Assets |
| iShares Bitcoin ETF (TSX USD) | IBIT.U | 0.25% | Large | Coinbase |
For cost-conscious long-term investors, IBIT.U (iShares, 0.25% MER), FBTC (Fidelity, 0.39%), and BTCX (CI Galaxy, 0.40%) are the most economical CAD/USD options. AUM figures are approximate and change — verify current data with each provider.
| ETF Name | Ticker | MER | Notes |
|---|---|---|---|
| Purpose Ether ETF | ETHH / ETHH.U | 1.00% | First Canadian ETH ETF |
| Evolve Ether ETF | ETHR | 0.75% | Staking rewards component |
| CI Galaxy Ethereum ETF | ETHX.B / ETHX.U | 0.40% | Competitive MER |
| Fidelity Advantage Ether ETF | FETH | 0.39% | Fidelity custody |
Some Ethereum ETFs pass through staking rewards to unitholders, effectively reducing the net MER. The Evolve Ether ETF has offered staking participation, which can improve returns versus a pure price ETF. Check the ETF prospectus for current staking policy.
For investors who want broader crypto exposure beyond Bitcoin and Ethereum, several funds offer diversified portfolios:
| ETF | Ticker | Holdings | MER |
|---|---|---|---|
| Purpose Crypto Opportunities ETF | CRYP | BTC, ETH, and crypto equities | ~1.5% |
| Evolve Cryptocurrencies ETF | ETC | BTC + ETH (roughly 70/30) | ~0.90% |
| Ninepoint Bitcoin ETF | BITC | BTC only | ~0.70% |
Diversified crypto ETFs provide automatic rebalancing between Bitcoin and Ethereum but carry higher MERs. For most investors, simply holding separate BTC and ETH ETFs in a chosen ratio is more cost-effective.
All TSX-listed crypto ETFs are qualified investments for registered accounts:
See our dedicated guides for Bitcoin in a TFSA and Bitcoin in an RRSP.
| Feature | Crypto ETF | Direct Crypto |
|---|---|---|
| TFSA/RRSP eligible | Yes | No |
| Annual fees | Yes (MER 0.25–1%) | Only trading fees |
| Self-custody possible | No | Yes (hardware wallet) |
| DeFi access | No | Yes |
| Tax reporting complexity | Low (standard ETF) | High (ACB tracking) |
| Brokerage account purchase | Yes | Need crypto exchange |