New Financial Product Launched on Cboe Canada Exchange

BlackRock Launches Spot BTC ETF on Cboe Canada Exchange

In a groundbreaking move, BlackRock, the world’s largest asset manager, has successfully launched a new spot Bitcoin exchange-traded fund (ETF) on the Cboe Canada Exchange. This regulated financial product enables investors to gain direct exposure to Bitcoin’s price performance without the complexities of direct ownership.

Cboe Canada announced the launch in a press release, stating that BlackRock’s new ETF, IBIT and its USD-denominated counterpart IBIT.U, will join seven other iShares ETFs already listed on the platform.

Source: www.cryptonewsz.com