13 Canadian Crypto ETFs in 2025
Interest has only increased since then. In the US, Bitcoin ETFs’ net assets surpassed US$100 billion in November 2024, gaining ground on US gold ETFs. Sean Farrell, head of digital asset strategy at Fundstrat,
wrote in mid-2023 that the Bitcoin ETF category at large has the potential to surpass the precious metals ETF market in terms of asset value. “Bitcoin ETF eventually could become $300 billion category,” he stated in the note.
Ethereum ETFs have also become a major talking point. Ethereum is the most widely used blockchain technology, and Ether, the digital currency of this platform, is the second largest cryptocurrency after Bitcoin.
With that in mind, it’s worth taking a look at the currently available Canadian cryptocurrency ETFs. The list below includes 13 Ether and Bitcoin ETFs available on the Canadian market sorted by assets under management, and all data presented is current as of April 17, 2025.
1. Purpose Bitcoin ETF (TSX:BTCC)
Assets under management: C$2.6 billion
Billed as the world’s first physically settled Bitcoin ETF, the Purpose Bitcoin ETF launched in February 2021 and is backed by Bitcoin in cold storage. This means the fund allows investors to add and sell Bitcoin with no digital wallet required.
Hosted by Canadian investment company Purpose Investments, the Purpose Bitcoin ETF is backed by 22001.42 Bitcoins and has a management expense ratio of 1.5 percent.
2. CI Galaxy Bitcoin ETF (TSX:BTCX.B)
Assets under management: C$1.07 billion
Launched in March 2021, the CI Galaxy Bitcoin ETF was born out of a partnership between cryptocurrency leaders Galaxy Fund Management and CI Global Asset Management. Galaxy Fund Management is part of Galaxy Digital, a diversified financial services firm with a focus on digital assets and the blockchain technology sector.
The ETF’s objective is to give investors exposure to Bitcoin via an institutional-quality fund platform, as its holdings are wholly Bitcoin and are kept in cold storage. At 0.4 percent, this fund boasts one of the lowest management fees of all the crypto funds on the market.
3. Fidelity Advantage Bitcoin ETF (TSX:FBTC)
Assets under management: C$931.07 million
The newest Bitcoin fund on this list, the Fidelity Advantage Bitcoin ETF, launched in November 2021. It offers the security of Fidelity’s in-house cold storage services for its holdings.
While it previously had a management fee of 0.39 percent, the Fidelity Advantage Bitcoin ETF lowered it in January 2025 to an ultra-low management fee of 0.32 percent.
5. CI Galaxy Ethereum ETF (TSX:ETHX.B)
Assets under management: C$284.3 million
The CI Galaxy Ethereum ETF, another collaboration between CI and Galaxy, offers investors exposure to the spot Ethereum price through Ether holdings in cold storage. The fund launched on April 20, 2021, the same day as two of the other Ether ETFs on this list.
At the time,…
