As cryptocurrencies become more mainstream, many Canadian investors are looking for regulated and efficient ways to gain exposure to digital assets like Bitcoin, Ethereum, and others. Crypto exchange-traded funds (ETFs) allow you to invest in cryptocurrencies through traditional stock market accounts—without owning or managing the digital assets directly. These funds trade on the Toronto Stock Exchange (TSX) and are eligible for registered accounts like TFSAs and RRSPs, making them a popular choice for beginner and experienced investors.
In 2026, the Canadian market offers a range of crypto-focused ETFs — from single-asset Bitcoin funds to diversified crypto baskets. This guide breaks down the best crypto ETFs available in Canada, explaining how each one works and what makes them stand out.
What Is a Crypto ETF?
A crypto ETF is an exchange-traded fund that tracks the price of one or more cryptocurrencies or crypto-related assets. Instead of buying and storing crypto yourself (which involves private keys and wallets), you buy shares in the ETF through your brokerage. The ETF holds the digital assets, and its share price rises and falls with the market value of those assets.
Crypto ETFs offer benefits like:
- •Easy access through traditional brokerages
- •Eligibility for tax-advantaged accounts
- •No need to manage wallets or security
- •Professional custody and regulatory oversight
Top Crypto ETFs in Canada for 2026
- •Purpose Bitcoin ETF (BTCC) – Direct Bitcoin exposure, secure cold storage.
- •CI Galaxy Bitcoin ETF (BTCX.B) – Low fees, backed by institutional expertise.
- •Fidelity Advantage Bitcoin ETF (FBTC) – Regulated fund, competitive fees, easy trading.
- •3iQ CoinShares Bitcoin ETF (BTCQ) – Pioneer ETF, tracks Bitcoin’s daily price movements.
- •Evolve Cryptocurrencies ETF (ETC) – Diversified crypto basket, TFSA and RRSP eligible.
1. Purpose Bitcoin ETF (TSX: BTCC)
Overview: The Purpose Bitcoin ETF holds actual Bitcoin in secure cold storage, providing a direct link to Bitcoin’s price performance without needing to buy the coin yourself. It was the first physically settled Bitcoin ETF in the world and is one of the largest crypto ETFs in Canada.
How It Works: When you invest in BTCC, the fund’s provider buys and stores Bitcoin on your behalf. Shares of the ETF then trade on the TSX, making it easy to buy and sell like a stock. Investors can choose hedged or unhedged versions depending on whether they want to mitigate currency risks between USD and CAD.
Why It’s Popular:
- •Strong liquidity and long track record
- •Direct exposure to Bitcoin price movements
- •Easy access for TFSA and RRSP holders
2. CI Galaxy Bitcoin ETF (TSX: BTCX.B)
Overview: The CI Galaxy Bitcoin ETF also buys and stores real Bitcoin, partnering with Galaxy Digital’s crypto expertise. This ETF is known for its very competitive fees and institutional backing.
How It Works: BTCX.B tracks the US dollar price of Bitcoin, holding the asset directly in offline storage to protect it from threats like hacking. Like other Bitcoin ETFs, its share price reflects Bitcoin’s market value.
Why Investors Choose It:
- •Low management fees compared to peers
- •Backed by experienced crypto asset managers
- •Available in USD-denominated versions too
3. Fidelity Advantage Bitcoin ETF (TSX: FBTC)
Overview: Managed by Fidelity Canada, the Fidelity Advantage Bitcoin ETF offers another reliable way to access Bitcoin via a regulated fund. It’s one of the lower-fee options among Canadian Bitcoin ETFs.
How It Works: FBTC invests in physical Bitcoin, storing it securely through Fidelity’s custody services. The ETF aims to track Bitcoin’s market price so that investors can gain exposure without directly buying or securing the cryptocurrency.
Key Benefits:
- •Cold storage custody to protect digital assets
- •Competitive fee structure
- •Easy to trade on TSX like a stock
4. 3iQ CoinShares Bitcoin ETF (TSX: BTCQ)
Overview: The 3iQ CoinShares Bitcoin ETF aims to provide exposure to Bitcoin’s price with a long-term growth focus. It’s one of the pioneer crypto ETFs in Canada and holds real Bitcoin in secure storage.
How It Works: BTCQ seeks to mirror Bitcoin’s daily price movements in US dollars. Shares are traded on the TSX and denominated in both CAD and USD, giving investors flexibility in how they trade.
Investor Considerations:
- •Established track record in the Canadian crypto ETF space
- •Eligible for registered accounts
- •Slightly higher fees than some newer competitors
5. Evolve Cryptocurrencies ETF (TSX: ETC)
Overview: Different from single-asset Bitcoin ETFs, the Evolve Cryptocurrencies ETF offers diversified exposure to multiple major cryptocurrencies like Bitcoin, Ethereum, Solana, and XRP — all in one product.
How It Works: ETC holds a basket of crypto assets weighted by market cap, meaning your investment isn’t tied to a single coin’s performance. Instead, the ETF reflects the broader crypto market’s trends, potentially reducing the risk that comes with a single-asset focus.
Why It’s Unique:
- •Diversified crypto exposure in a single fund
- •Tradeable like a regular ETF
- •TFSA and RRSP eligible
Final Thoughts: Choosing the Right Crypto ETF
Investing in crypto ETFs can be a powerful way to tap into the growth of digital assets while enjoying the convenience and regulatory protection of traditional investments. In Canada, a variety of ETF options — from single-asset Bitcoin funds to multi-crypto baskets — give investors flexibility based on their risk tolerance and strategy.
Before investing, it’s important to understand:
- •Management fees
- •Custody method
- •Underlying crypto exposure
- •Eligibility for registered accounts
As always, be sure your investment choices align with your financial goals and risk tolerance.