A side-by-side comparison of iShares Bitcoin Trust (IBIT) and Purpose Bitcoin ETF Currency Hedged Units (BTCC) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | IBIT | BTCC |
|---|---|---|
| YTD Return | +14.63%✓ | -20.66% |
| 1-Day Change | -1.51%✓ | -1.62% |
| 1-Week Change | -5.38%✓ | -5.40% |
| 1-Month Change | -11.05% | -10.62%✓ |
| Current Price | $41.68 | $12.79 |
| AUM | $58.31B✓ | $629M |
| MER (Expense Ratio) | 0.11% | — |
| Dividend Yield | — | — |
| Distribution Frequency | — | Annually |
| Inception Date | 2024-01-05 | 2021-02-17 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | — | — |
| Category | Digital Assets | Digital Assets |
| Beta | 0.00 | 0.00 |
| 52-Week High | $58.70 | $18.63 |
| 52-Week Low | $32.84 | $10.20 |
| 50-Day MA | $45.78 | $14.07 |
| 200-Day MA | $41.23 | $12.84 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | IBIT | BTCC |
|---|---|---|
| YTD | +14.63%✓ | -20.66% |
| 1 Year | -31.25% | -28.50%✓ |
| 3 Year | — | +24.37% |
| 5 Year | — | +0.93% |
| 10 Year | — | +0.00% |
| 1Y Volatility | 46.91% | 49.97% |
| Sharpe Ratio (3Y) | 0.00 | 0.60 |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | IBIT | BTCC |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About IBIT
The shares are intended to constitute a simple means of making an investment similar to an investment in bitcoin rather than by acquiring, holding and trading bitcoin directly on a peer-to-peer or other basis or via a digital asset exchange. The fund is non-diversified.
About BTCC
Own a piece of history with the first physically settled Bitcoin ETF available to investors.
Which ETF is Right for You?
Both IBIT and BTCC are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, IBIT scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between IBIT and BTCC?
IBIT (iShares Bitcoin Trust) and BTCC (Purpose Bitcoin ETF Currency Hedged Units) are both Canadian-listed ETFs. Key differences include their AUM ($58.31B vs $629M), dividend yield (N/A vs N/A), and year-to-date performance (+14.63% vs -20.66%).
Is IBIT better than BTCC?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, IBIT has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy IBIT and BTCC on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both IBIT and BTCC should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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