BlackRock Brings International Equity and Crypto Exposure to Canadian ETF Market
BlackRock has launched two new exchange-traded funds (ETFs) for Canadian investors through its RBC iShares partnership. The funds, IBQT and XINT, offer a unique blend of traditional equity exposure and cryptocurrency participation.
The iShares Equity + Bitcoin ETF Portfolio, trading under the ticker IBQT, dedicates 97% of its holdings to equities spanning various regions, including Canadian, American, international, and emerging markets. The remaining 3% provides access to Bitcoin via the Canadian iShares Bitcoin ETF, which trades as IBIT.
IBQT's investment approach is designed to provide capital appreciation over extended periods through diversified equity holdings complemented by modest digital asset exposure. With a 0.22% annual management expense ratio, this fund presents itself as a comprehensive single-ticket solution merging conventional stock markets with cryptocurrency participation.