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. Summary IBQT targets 97% equities and 3% Bitcoin through 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 companies outside North America. BlackRock’s 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 BlackRock’s Canadian iShares Bitcoin ETF, also called IBIT, which began trading on Cboe Canada in January 2025. The structure lets investors obtain diversified stock and Bitcoin exposure thro...