BlackRock Canada launches ETF with 3% Bitcoin allocation
BlackRock Canada has launched an exchange-traded fund that combines global equities with a 3% Bitcoin allocation, giving Canadian investors both exposures through one TSX-listed product. SummaryIBQT targets 97% equities and 3% Bitcointhrough underlying iShares ETFs.The fund began trading on the Toronto Stock Exchange with a 0.22% management fee.BlackRock also launched XINT, covering more than 5,000 companiesoutside North America.BlackRocks U.S. Bitcoin ETF attracted about $693 million last week. IBQT combines global stocks with Bitcoin The iShares Equity + Bitcoin ETF Portfolio, trading under the ticker IBQT, began trading on the Toronto Stock Exchange on Aug. 10. IBQT 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. Rather than buying individual shares or holding Bitcoin directly, the portfolio invests mainly in other iShares ETFs. Its Bitcoin exposure comes through BlackRocks Canadian iShares Bitcoin ETF, also called IBIT, which began trading on Cboe Canada in January 2025. You might also like: BlackRock stablecoin reserve fund secures top S&P rating The structure lets investors obtain diversified stock and Bitcoin exposure through one listed security. BlackRock set IBQTs annual management fee at 0.22%, including fees charged by its underlying ETFs. “The launch of these two funds underscores our