Canada to get its first leveraged crypto ETFs as Evolve Funds files prospectus: report
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Feb 04 2025Evolve Funds Launching Leveraged Crypto ETFs: Evolve Funds is set to introduce Canada's first leveraged Bitcoin and Ethereum ETFs, offering 1.25x exposure, in an effort to attract investors back from the U.S. market where lower fees and spot Bitcoin ETFs have been more appealing.
Concerns Over Cryptocurrency Use in Illicit Activities: The Canadian government has raised alarms about the use of cryptocurrencies in the illicit opioid trade, particularly regarding fentanyl trafficking, as digital assets are reportedly facilitating international drug transactions outside traditional financial systems.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
