BlackRock Canada Launches ETF with Bitcoin Exposure
BlackRock Canada has launched an exchange-traded fund (ETF) that combines global equities with a 3% Bitcoin allocation. The iShares Equity + Bitcoin ETF Portfolio, trading under the ticker IBQT, began trading on the Toronto Stock Exchange on August 10.
The fund targets a strategic allocation of 97% to equities and 3% to Bitcoin. Its stock exposure covers Canadian, U.S., international, and emerging markets, according to BlackRock.
IBQT invests mainly in other iShares ETFs for its equity exposure, while its Bitcoin exposure comes through BlackRock's Canadian iShares Bitcoin ETF, also called IBIT, which began trading on Cboe Canada in January 2025.