Holding such ETFs in registered accounts can either entirely offset or reduce capital gains tax liabilities for Canadian customers.
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Fidelity approved to launch Bitcoin institutional products
Canada has been stepping ahead when it comes to approving crypto-related products. The country was among the first to approve Bitcoin and Ethereum exchange-traded funds.
Read moreFidelity Will Be Canada’s First-Ever Bitcoin Custodian
Fidelity has secured Canada’s selection from regulators to become the country’s first-ever bitcoin custodian. The move will allow the financial services firm to operate bitcoin
Read moreFidelity Executive still Bullish that Bitcoin will reach $100K
Jurrien Timmer, the Director of Global Macro at Fidelity Investments, has stated that Bitcoin will still reach $100,000. However, he has stated that the primary
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Bitcoin bulls look to profit from Friday’s $195M BTC options expiry
$810 million in BTC options expire this Friday, and derivatives data suggests bulls are keen to push the price through the $50,000 level.
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Fidelity lobbies SEC to approve Bitcoin ETF in private meeting
Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards.
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