Key Highlights
- RBC iShares Alliance launched two new ETFs on the Toronto Stock Exchange, including the Bitcoin-linked IBQT.
- IBQT carries a 0.22% annual management fee and targets a 97% allocation to global equity ETFs alongside a 3% allocation to Bitcoin.
- The fund currently intends to gain Bitcoin exposure through BlackRock’s iShares Bitcoin ETF, IBIT.
RBC iShares Alliance, a strategic partnership formed in 2019 between RBC Global Asset Management (RBC GAM Inc.) and BlackRock Canada, has launched two new iShares ETFs managed by BlackRock Asset Management Canada Limited. The funds are expected to begin trading on the Toronto Stock Exchange today.
According to the official update released Monday, the iShares Core MSCI All-International Equity Index ETF (ticker: XINT) carries an annual management fee of 0.23%, while the iShares Equity + Bitcoin ETF Portfolio (ticker: IBQT) carries an annual management fee of 0.22%.
What’s inside XINT and IBQT
XINT is structured to track the MSCI ACWI ex North America IMI Index. The index includes more than 5,000 large-, mid-, and small-cap companies across more than 40 developed and emerging market countries outside Canada and the United States. The fund is intended to provide exposure to international equities through a single ticker.
IBQT is designed to invest primarily in one or more iShares ETFs that provide exposure to equity securities and Bitcoin. The fund allocates approximately 97% of its portfolio across Canadian, U.S., international, and emerging market equities, with the remaining 3% targeted toward Bitcoin. To obtain digital asset exposure, IBQT holds the Canadian-listed iShares Bitcoin ETF (Cboe Canada: IBIT), rather than holding spot Bitcoin directly or holding the U.S.-listed IBIT fund.
Steven Leong, managing director and head of Canada Product and iShares at BlackRock, said the launches are part of the firm’s effort to expand access to investing for Canadian clients through one-ticker solutions.
Related developments at BlackRock
Separately, data reported by Arkham Intelligence on July 29, 2026, showed that BlackRock clients recorded net sales of approximately $60 million in shares of the firm’s U.S.-listed iShares Bitcoin Trust (IBIT) during the week in question.
Over the same period, clients purchased more than $20 million in Ethereum-related exposure through BlackRock products. The figures provide a snapshot of flows across BlackRock’s Bitcoin and Ethereum-related products during the period.
Grayscale withdraws three pending ETF filings
While BlackRock expands its crypto ETF offerings in Canada, other asset managers in the U.S. are scaling back their altcoin product ambitions. On August 7, Grayscale submitted three Form RW requests to the U.S. Securities and Exchange Commission (SEC). The filings sought withdrawal of the registration statements for the Grayscale Cardano Trust ETF (File No. 333-289948), Grayscale Polkadot Trust ETF (File No. 333-289949), and Grayscale Hedera Trust ETF (File No. 333-290129).
The requests were made under Rule 477 of the Securities Act of 1933. Grayscale stated that it does not intend to proceed with the planned distribution of the shares. The sponsor confirmed that the registration statements had not been declared effective and that no securities had been issued or sold under them.
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