Toronto’s Wealthsimple has selected Calgary-based Tetra Trust to act as one of the financial technology firm’s custodians for digital assets. It is the first time that Wealthsimple has added a Canadian custodian to its roster, according to Tetra Trust, which was founded in 2019 to become Canada’s first trust company licensed to custody digital assets. […]| Fintech.ca
Purpose Investments, the firm behind the world’s first spot Bitcoin and Ether ETFs, has launched a new exchange-traded fund offering direct physical exposure to Solana (SOL), one of the fastest-growing blockchain platforms. The Purpose Solana ETF, trading today on the Toronto Stock Exchange under the tickers SOLL (CAD hedged), SOLL.B (CAD non-hedged), and SOLL.U (USD […]| Fintech.ca
If anyone is wondering why the fear of fraud is high in Canada today, here is one example. The Alberta Securities Commission recently issued a public statement warning citizens about the prevalence of scams orienting around alleged crypto investment opportunities. As part of Fraud Prevention Month, the ASC specifically warned about a viral crypto scam […]| Fintech.ca
Imagine a group of voters who are significantly more likely to cast their ballots than the national average. Over 90% of crypto asset holders in Canada voted in the last federal election, emerging as a salient voting bloc, concludes a new report from Canadian fintech Shakepay. There are an estimated five million crypto holders in […]| Fintech.ca
BlackRock has officially launched the iShares Bitcoin ETF, now trading on Cboe Canada under the symbol IBIT, with U.S. dollar denominated units listed as IBIT.U. This new exchange-traded fund (ETF) is designed to provide Canadian investors with seamless access to bitcoin through traditional brokerage accounts. The iShares Bitcoin ETF aims to mirror the price performance […]| Fintech.ca
After a year in the US, Coinbase’s “Stand with Crypto” campaign recently expanded north to Canada‘s five million coin holders. The move was part of the fintech titan’s mission “towards driving regulatory clarity in Canada,” according to Coinbase Canada chief executive Lucas Matheson. “We believe that Coinbase is uniquely positioned to capitalize from regulatory clarity and […]| Fintech.ca
As Canada’s financial landscape evolves, so must our approach to qualified investments within tax-advantaged savings plans like RRSPs and TFSAs. At Shakepay, we believe it’s time for Canada to allow Canadians to invest directly in Bitcoin within their qualified investment accounts, similar to the approach taken by the United States. Here’s why. Shakepay is a […]| Fintech.ca
As cryptocurrency maintains its worldwide allure on the global financial markets, the number of different ways to invest in assets like bitcoin continues to expand. In this vein, a Canadian provider of exchange traded funds revealed this week the theme of its next two ETFs. Evolve Funds Group announced this week that it has filed […]| Fintech.ca
Three years ago Purpose Investments made history by launching the Purpose Bitcoin ETF (TSX: BTCC), the world’s first Bitcoin ETF backed by physically settled Bitcoin. Within its first month, the exchange-traded fund surpassed $1 billion of assets under management, making it one of the fastest-growing ETFs of all time and an early indicator of the […]| Fintech.ca
