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BlackRock has launched its iShares Bitcoin ETF on the Cboe Canada platform, providing Canadian investors with a streamlined way to gain Bitcoin exposure. Trading under the symbols IBIT and IBIT.U, the ETF aims to track Bitcoin's price performance and reflects growing acceptance of Bitcoin as an investment class in Canada. With over $500 million in inflows, market experts predict this momentum could push Bitcoin prices to $120,000 by January.
BlackRock has launched the iShares Bitcoin ETF on Cboe Canada, providing Canadian investors with a regulated way to gain exposure to Bitcoin. Trading under the tickers IBIT and IBIT.U, the fund primarily invests in the US-listed iShares Bitcoin Trust ETF, simplifying the investment process. This launch reflects BlackRock's commitment to innovation in the investment landscape.
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