Evolve Funds Group: Canada's first levered Bitcoin and Ether ETFs expected to begin trading on March 18

Evolve Funds Group: Canada's first levered Bitcoin and Ether ETFs expected to begin trading on March 18

Canada's leading ETF provider, Evolve Funds Group, is set to make history by launching the country's first leveraged Bitcoin and Ether ETFs on March 18 [1]. These innovative funds, named Evolve Levered Bitcoin ETF (LBIT) and Evolve Levered Ether ETF (LETH), will provide investors with leveraged exposure to the digital currencies, aiming to offer a new tool for those seeking enhanced exposure within a regulated ETF structure.

LBIT and LETH will each aim to deliver 1.25x the daily price movements of the U.S. dollar price of bitcoin and ether, respectively [1]. To achieve this, the ETFs will employ leverage through the use of cash borrowings or other methods permitted under applicable securities legislation [1]. It is essential to note that leverage involves higher risks, and investors should exercise caution when considering such investments.

Evolve Funds' entry into the digital asset ETF market comes as the demand for exposure to these assets continues to grow. With over $7 billion in assets under management, Evolve is one of Canada's fastest-growing ETF providers [1]. The company's suite of ETFs offers investors access to various strategies, including index-based income, long-term investment themes, and some of the world's leading investment managers.

The launch of these leveraged Bitcoin and Ether ETFs is subject to regulatory approval. If approved, they will be listed on the Toronto Stock Exchange, providing investors with an additional option to gain exposure to these digital assets within a regulated ETF structure.

Investors should carefully consider the risks and potential rewards associated with investing in these leveraged ETFs before making any investment decisions. As with any investment, it is essential to conduct thorough research and consult with a financial advisor.

References:
[1] Evolve Funds Group. (2025, February 3). Evolve Plans to Launch Canada's First Modestly Levered Bitcoin and Ether ETFs. Retrieved March 15, 2025, from https://evolveetfs.com/2025/02/evolve-plans-to-launch-canadas-first-modestly-levered-bitcoin-and-ether-etfs/