How to invest in the BTCX Bitcoin ETF

To buy the BTCX ETF, you'll first need to sign up to a broker with access to the Toronto Stock Exchange.

The CI Galaxy Bitcoin ETF (TSX:BTCX) has officially launched on Canada’s Toronto Stock Exchange (TSX). This means you can now buy units in the ETF through a global stock broker or online share trading platform.

How to buy the BTCX ETF

  1. Compare online brokers. To invest in exchange traded funds (ETFs), you’ll need to sign up to an ETF broker platform. Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and SIN number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for the CI Galaxy Bitcoin ETF. Find the ETF by name or ticker symbol: BTCX. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until the CI Galaxy Bitcoin ETF reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today’s price, weigh your budget against a diversified portfolio that can minimize risk through the market’s ups and downs.
  6. Check in on your investment. Congratulations, you’ve invested in the CI Galaxy Bitcoin ETF. Optimize your portfolio by tracking how your ETF performs with an eye on the long term.

Best for $0 Commission Trades

Questrade logo
  • $0 commissions
  • Dual currency USD/CAD accounts
  • Advanced order types
  • Sophisticated charting and trading tools

Best for Beginners

CIBC logo
  • Easy-to-use platform
  • Low fees compared to other Big Bank platforms
  • Wide range of research tools and order types
  • Discounts for young investors and active traders

What we know about BTCX ETF

The CI Galaxy Bitcoin ETF (“BTCX”) has traded on the TSX since March 9, 2021. Launched by CI Global Asset Management in partnership with Galaxy Fund Management, the fund provides an additional way to invest in bitcoin.

The ETF holds Bitcoin directly and is available in both Canadian and US dollar denominations. It trades on the Toronto Stock Exchange under the tickers BTCX.B (Canadian dollar-denominated) and BTCX.U (US dollar-denominated).

There are several cryptocurrency funds available in Europe that behave similarly to ETFs. To check out other Bitcoin-related ETFs, check out our cryptocurrency ETF guide.

Compare brokers with access to the BTCX ETF on the TSX

9 of 9 results
Finder Score Available Asset Types Account Types Stock Trading Fee Monthly Account Fee
Stocks, Bonds, Options, Mutual Funds, Index Funds, ETFs, Forex, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, FHSA, Margin
$0
$0
Get $50 cash back when you open a Questrade self-directed investing account through Finder. T&Cs apply.
Go to site View details
Compare product selection
CIBC logo
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, Business, FHSA, Margin
$6.95
$0 if conditions are met, or $100
Get 200 free trades for 2 years, using promo code EDGE2026. Valid until September 30, 2026. T&Cs apply.
Go to site View details
Compare product selection
Wealthsimple logo
Stocks, Options, ETFs, Cryptocurrency
RRSP, RESP, RRIF, TFSA, Personal, FHSA, Margin
$0
$0
Get a 1% match cash bonus on eligible $25,000+ transfers from other financial institutions to your Wealthsimple Self-directed Investing and Managed Investing accounts. T&Cs apply.
Go to site View details
Compare product selection
BMO logo
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, FHSA, Margin
$0
$0
Go to site View details
Compare product selection
RBC logo
Stocks, ETFs
RRSP, TFSA, FHSA
$0 - $9.95
$0
Open your first GoSmart account and get $100 when you deposit $2,000. Valid until November 2, 2026. T&Cs apply.
Go to site View details
Compare product selection
Qtrade logo
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, FHSA, Margin
$0
$0
Earn up to $5,000 in cashback (+$100 quick-pay bonus) when you open and fund a new Qtrade account. Valid until January 5, 2027. T&Cs apply.
Go to site View details
Compare product selection
Interactive Brokers logo
Stocks, Bonds, Options, Index Funds, ETFs, Forex, Currencies, Futures
RRSP, TFSA, Personal, Joint, Business, FHSA, Margin
Min $1.00, Max 0.5%
$0
View details
Compare product selection
Moomoo logo
Stocks, Options, ETFs
RRSP, TFSA, Personal, Margin
$1.49/stock
$0
View details
Compare product selection
Webull logo
Stocks, ETFs
RRSP, TFSA, Personal, Margin
$0
$10/year
View details
Compare product selection
loading
Showing 9 of 9 results

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.

Read the full methodology

Important: Share trading can be financially risky and the value of your investment can go down as well as up. “Standard brokerage” fee is the cost to trade $1,000 or less of ASX-listed shares and ETFs without any qualifications or special eligibility. If ASX shares aren’t available, the fee shown is for US shares. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.

How to invest in ETFs

To find out more about ETFs, you can head to our guide on how to invest in exchange traded funds or click on the video below.

Frequently asked questions

Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.

Sources

More guides on Finder

Go to site