Scotiabank and 3iQ Launch Multi-Asset Crypto ETF in Canada

Scotiabank, one of Canada's top banks by assets, has joined forces with digital asset manager 3iQ to launch the Dynamic Active Multi-Crypto ETF. This move marks a significant step in the growing institutional adoption of cryptocurrencies in Canada.

The fund will offer investors exposure to four major digital assets: Bitcoin (BTC), Ether (ETH), Solana (SOL), and XRP (XRP). The ETF will be listed on Cboe Canada under the ticker DXMC, providing a convenient and regulated way for investors to access these assets.

The Dynamic Active Multi-Crypto ETF is notable not only for its competitive fee of 0.25% but also for its actively managed strategy, which sets it apart from other multi-asset crypto funds.