- BlackRock Canada launched IBQT and XINT on the Toronto Stock Exchange.
- IBQT holds 97% equities and 3% Bitcoin exposure through a Canadian iShares Bitcoin ETF.
- XINT tracks an international index covering more than 5,000 companies.
BlackRock ETFs in Canada expanded on Monday with the launch of two new products on the Toronto Stock Exchange. The new funds are the iShares Equity + Bitcoin ETF Portfolio, or IBQT, and the iShares Core MSCI All-International Equity Index ETF, or XINT. Among these BlackRock ETFs, IBQT stands out because it combines a globally diversified equity portfolio with a 3% allocation to Bitcoin exposure. XINT, by contrast, focuses on international stock markets outside Canada and the United States. Both funds are managed by BlackRock Asset Management Canada through the RBC iShares alliance, adding to the firm’s broader iShares ETF lineup.
BlackRock ETFs begin trading in Toronto
BlackRock ETFs added two new listings in Canada with IBQT and XINT starting to trade on the Toronto Stock Exchange. The launch gives investors one product built around a mix of equities and Bitcoin exposure, and another aimed at broad international equity exposure outside North America.
Both funds are managed by BlackRock Asset Management Canada through the RBC iShares alliance. BlackRock also said its iShares business managed about $6.2 trillion in assets across more than 1,700 ETFs as of June 30, showing the scale of the platform behind these new Canadian offerings.
BlackRock ETFs use IBQT for Bitcoin exposure
IBQT is structured as a portfolio that places 97% of its assets in equities and 3% in Bitcoin exposure. The equity allocation spans Canadian, US, international and emerging-market stocks, giving the fund a globally diversified profile rather than a narrow market focus.
The Bitcoin portion comes through BlackRock’s Canadian iShares Bitcoin ETF, which trades on Cboe Canada. Instead of selecting individual stocks directly, IBQT mainly holds other iShares ETFs to build both its equity exposure and its Bitcoin position, making the fund a packaged portfolio rather than a collection of single-company holdings.
XINT expands BlackRock ETFs for global shares
XINT is designed to track the MSCI ACWI ex North America IMI Index. That benchmark gives the fund exposure to more than 5,000 companies across more than 40 developed and emerging markets outside Canada and the United States.
Within the new BlackRock ETFs launch, XINT differs from IBQT because it does not include Bitcoin exposure. Its role is centered on international equities, offering access to a broad range of markets beyond North America through a single index-based product.
BlackRock ETFs connect to the wider iShares business
The Canadian launch also ties into BlackRock’s broader Bitcoin ETF presence. The company’s US-listed iShares Bitcoin Trust, also known as IBIT, was identified as the largest US spot Bitcoin ETF by assets under management, with about $47.9 billion in AUM according to CoinMarketCap data.
While IBQT uses BlackRock’s Canadian iShares Bitcoin ETF rather than the US-listed trust, the new fund still reflects BlackRock’s wider push to package Bitcoin exposure inside ETF structures. In Canada, that approach appears in a measured form, with Bitcoin limited to 3% of the portfolio while the bulk remains in diversified equities.
Conclusion
BlackRock ETFs in Canada now include two new products with different roles for investors. IBQT combines global equity exposure with a 3% Bitcoin allocation through BlackRock’s Canadian iShares Bitcoin ETF, while XINT offers broad access to international shares outside Canada and the United States by tracking the MSCI ACWI ex North America IMI Index. Both funds began trading on the Toronto Stock Exchange and are managed by BlackRock Asset Management Canada through the RBC iShares alliance. The launch adds one diversified portfolio with a small Bitcoin component and one pure international equity fund to BlackRock’s Canadian ETF range.
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