BlackRock’s Bitcoin ETF Sparks Institutional Curiosity: Classes from Canada’s Success



Some crypto traders will at all times mistrust indirectly controlling their cash. However the actuality is that in Canada, strict regulatory oversight has compelled fund suppliers to function transparently and cling to an operational framework that makes the potential for asset commingling, hacks and fraud extraordinarily tough. Thus far, traders who’ve purchased items of Canadian spot bitcoin ETFs have by no means had their property hacked or had their funds misplaced by means of malpractice or poor steadiness sheet administration, which can’t be stated for the thousands and thousands of traders who trusted their property with the likes of FTX, Celsius Community and BlockFi.

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