Evolve Bitcoin ETF

Evolve Bitcoin ETF (EBIT) is a Canadian exchange-traded fund that offers investors direct exposure to bitcoin. Launched on February 19, 2021, EBIT was among the first bitcoin ETFs to be listed on the Toronto Stock Exchange (TSX), marking a significant milestone in the integration of digital assets into traditional financial markets. (evolveetfs.com)

Managed by Evolve Funds Group Inc., EBIT provides a straightforward and efficient means for investors to access bitcoin's price movements without the complexities of direct ownership. The fund holds actual bitcoin, ensuring that each unit is backed by physical assets. This structure allows investors to include bitcoin exposure within registered accounts like RRSPs and TFSAs, offering a secure and regulated investment vehicle. (evolveetfs.com)