Evolve Bitcoin ETF Units CAD Unhedged (EBIT)
Evolve
Spot
About Evolve Bitcoin ETF Units CAD Unhedged
Evolve Bitcoin ETF Units CAD Unhedged is a Bitcoin exchange-traded fund providing investors with exposure to Bitcoin.
Evolve Bitcoin ETF Units CAD Unhedged Fund Details
Expense Ratio
0.65%
About The Fund
Overview
Evolve Bitcoin ETF (EBIT) is a Canadian exchange-traded fund managed by Evolve Funds Group Inc., offering exposure to Bitcoin's price movements.
Investment Focus
Directly invests in physical Bitcoin, tracking the CME CF Bitcoin Reference Rate, reflecting Bitcoin's price in U.S. dollars.
Accessibility
Trades on the Toronto Stock Exchange under tickers EBIT (CAD) and EBIT.U (USD), eligible for TFSA and RRSP accounts.
Performance
As of May 31, 2025, EBIT's stock price was CAD 50.96, with a 52-week range of CAD 25.93 to CAD 55.32, up 77.68% in one year.
Risk Profile
High-risk investment due to Bitcoin’s volatility, suitable for investors with cryptocurrency knowledge and risk tolerance.
Management and Fees
Passively managed to mirror the Bitcoin index, with management fees and expenses outlined in the fund’s prospectus.
Evolve Bitcoin ETF Units CAD Unhedged Information
| Ticker Symbol | EBIT |
| Issuer | Evolve |
| Expense Ratio | 0.65% |
| Fund Type | Spot |
| Custodian | Zodia Custody |
| Bitcoin Only | ✓ Yes |
| Fund Inception | 2021-02-17 |
| Regulator | Swiss Financial Market Supervisory Authority (FINMA) |
Investment Strategy
Pure Bitcoin Spot
Market Performance
YTD Return
+8.68%
1 Year Return
+19.16%
Avg Volume
978
About Evolve
Background
Evolve ETFs is a Canadian ETF provider founded in 2017, focused on innovative and thematic investment strategies.
Bitcoin ETFs
The Evolve Bitcoin ETF (EBIT) was among the first wave of spot Bitcoin ETFs approved in Canada.
Accessibility
Trades on the Toronto Stock Exchange (TSX), eligible for TFSA and RRSP accounts.
Fee
Competitive management fee for Canadian Bitcoin ETF exposure.
Custody
Uses Gemini Custody for Bitcoin safekeeping.
Compare Evolve Bitcoin ETF Units CAD Unhedged with Other ETFs
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