ETF hub · 2026
Best Bitcoin ETFs in Canada (2026)
Canadian-listed Bitcoin ETFs are the only way for most Canadians to hold Bitcoin exposure inside a TFSA or RRSP. Here are the four physically-settled spot Bitcoin ETFs available on the TSX, compared on fees, liquidity, and structure.
BB
BuyBitcoin.ca Editorial Team
Canadian crypto researchers · methodology
Updated August 13, 2026
Reviewed every quarter
4
Spot BTC ETFs listed on TSX
TFSA
Fully eligible in registered accounts
0.40%
Lowest MER (BTCX)
The four Canadian-listed Bitcoin ETFs
| Ticker | Name | Issuer | MER | Notes |
|---|---|---|---|---|
| BTCC | Purpose Bitcoin ETF | Purpose Investments | 1.00% | The world's first physically-settled Bitcoin ETF (Feb 2021). Also available as BTCC.U (USD). |
| BTCX | CI Galaxy Bitcoin ETF | CI Global Asset Management | 0.40% | Lowest MER of the physically-settled Canadian Bitcoin ETFs. Partnered with Galaxy Digital. |
| EBIT | Evolve Bitcoin ETF | Evolve Funds | 0.75% | Physically-settled, launched Feb 2021 just after BTCC. |
| BTCC.B | Purpose Bitcoin ETF (CAD non-hedged) | Purpose Investments | 1.00% | Same fund as BTCC, different class — check with your broker which they support for your TFSA. |
Bitcoin ETF vs buying spot Bitcoin — the tradeoff
| Factor | Bitcoin ETF (BTCC/BTCX/EBIT) | Spot BTC (on NDAX, Kraken) |
|---|---|---|
| TFSA / RRSP eligible | Yes | No |
| Fees per year | 0.4% – 1.0% MER | 0% (once bought) |
| Self-custody possible | No | Yes |
| Transferable to wallet | No | Yes |
| Tax reporting | Broker T5008 (simple) | ACB tracking (needs Koinly) |
| Trades during | Market hours only | 24/7 |
| Counterparty risk | Custodian + issuer | Exchange (if not self-custodied) |
Where to buy Bitcoin ETFs in Canada
- Wealthsimple Trade — free ETF trades, best for beginners. Sign up at wealthsimple.com/trade.
- Questrade — commission-free ETF buys (sells cost $4.95–$9.95). Better for active portfolios.
- Big-bank brokerages (TD Direct, RBC Direct, BMO InvestorLine, National Bank, Scotia iTRADE) — $9.95/trade typical, but useful if you already bank there.
- Interactive Brokers — cheapest for large orders, steepest learning curve.
Which ETF should you pick?
- Lowest cost: BTCX (0.40% MER). Over 20 years on a $10,000 investment, this saves ~$1,200 vs BTCC's 1.00% MER.
- Deepest liquidity: BTCC. Better fills on large orders and tighter bid-ask spreads.
- Simplest choice: BTCX for the fee, BTCC for the brand recognition. Either is fine for long-term TFSA holdings.
Frequently asked questions
Not directly — the CRA doesn't allow direct cryptocurrency holdings in a TFSA. But you CAN hold Canadian-listed Bitcoin ETFs (BTCC, BTCX, EBIT) in a TFSA, which gives you the same exposure with all gains tax-free. This is the only way for most Canadians to hold Bitcoin exposure tax-free.
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