First North American Bitcoin ETF Approved by Canadian Securities Regulator

The first bitcoin exchange-traded fund (ETF) in North America has been given the go-ahead by Canada’s financial regulator.

According to a decision document on Thursday, the receipt of approval from the Ontario Securities Commission was filed under a Multilateral Instrument passport system in multiple Canadian jurisdictions.

Those territories include British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon and Nunavut.

This story is developing and will be added to accordingly.

Read more: SEC Commissioner Peirce Says Market Is Ready for a Bitcoin ETP