BlackRock Bitcoin ETF Canada Debuts With Just 3% Crypto Exposure

BlackRock Canada has given investors a new way to mix stock market exposure with a small dose of cryptocurrency, launching a fund that pairs global equities with a fixed 3% allocation to Bitcoin. The move expands BlackRock’s Bitcoin ETF presence in Canada beyond stand-alone crypto products and folds digital-asset exposure directly into a traditional, diversified portfolio.

Key takeaways

• BlackRock Canada launched the iShares Equity + Bitcoin ETF Portfolio (IBQT) on the Toronto Stock Exchange on Aug. 10, targeting a 97% equity and 3% Bitcoin split.
• IBQT gets its crypto exposure through BlackRock’s Canadian iShares Bitcoin ETF (IBIT), which trades on Cboe Canada, rather than holding Bitcoin directly.
• The fund charges an annual management fee of 0.22%, and BlackRock simultaneously launched an international equity fund, XINT, with a 0.23% fee.
• XINT tracks more than 5,000 companies outside Canada and the United States through the MSCI ACWI ex North America IMI Index.
• Both funds are run by BlackRock Asset Management Canada through the RBC iShares alliance, while BlackRock’s U.S.-listed iShares Bitcoin Trust pulled in roughly $693 million last week, about 81% of all U.S. spot Bitcoin ETF inflows.

IBQT combines global equities with a slice of Bitcoin exposure

IBQT is built to give Canadian investors combined equity and Bitcoin exposure without forcing them to buy the two separately. The iShares Equity + Bitcoin ETF Portfolio, trading under the ticker IBQT, began trading on the Toronto Stock Exchange on Aug. 10, and it Its strategic allocation framework designates 97% toward equities, with the remaining 3% allocated to Bitcoin. The equity component spans Canadian, U.S., international and emerging markets.

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