The Global Precedent: Bitcoin ETFs Flourish Outside the US

Spot Bitcoin ETFs: A Look at ETFs Already Operating in Canada, Brazil, and Europe

Canada, Brazil, and Europe are among the jurisdictions that have approved and launched spot Bitcoin ETFs. In Canada, Purpose Investments, Evolve Funds, CI Galaxy, and 3iQ CoinShares are the key players in the market. Purpose Investments’ Bitcoin ETF, the world’s first backed by physically settled Bitcoin, has reached $1 billion CAD in assets under management. Evolve Funds, CI Galaxy, and 3iQ CoinShares also have their own Bitcoin ETFs, although their assets under management are currently lower.