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BlackRock’s Bitcoin ETF Sparks Institutional Interest: Lessons from Canada’s Success

August 16, 2023
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Some crypto buyers will all the time mistrust circuitously 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 troublesome. Up to now, buyers who’ve purchased items of Canadian spot bitcoin ETFs have by no means had their belongings hacked or had their funds misplaced by way of malpractice or poor stability sheet administration, which can’t be mentioned for the tens of millions of buyers who trusted their belongings with the likes of FTX, Celsius Community and BlockFi.



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