TSX EBIT

Evolve Bitcoin ETF

Direct access to the price of bitcoin.

EBIT provides investors with a simple and efficient way to access the price of bitcoin through a secure investment solution. The benefits of EBIT include:

  • Physical Bitcoin: investors will hold actual bitcoin in their portfolio.
  • Easy to trade: accessible through brokerage accounts.
  • TFSA and RRSP eligible: this ETF is eligible for registered accounts.
EBIT

Evolve Bitcoin ETF

TICKER
EBIT
EBIT.U
NAV* (11:00AM ET)

As at December 12, 2024

$51.42 (EBIT)
$36.29 (EBIT.U)
NAV CHANGE

As at December 12, 2024

1.51 (EBIT)
1.19 (EBIT.U)
MARKET PRICE

(As at December 12, 2024 at 5:00pm)

EBIT EBIT.U
BTC PER SHARE
0.00035731 (EBIT)
0.00035763 (EBIT.U)
SHARES PER BTC
2,798.6969 (EBIT)
2,796.1872 (EBIT.U)
AUM
$390.229 M
BTC PRICE (USD)**

(as at December 13, 2024, 08:18 pm)

$102,203.45

Who Should Consider this ETF?

Investors who are:
  • Seeking exposure to the daily price movements of the U.S. dollar price of bitcoin
  • Seeking a convenient, secure alternative to a direct investment in bitcoin
  • Who have a sophisticated knowledge and understanding of bitcoin; and
  • Who have the capacity to absorb a loss of some or all of their investment

Performance

** Performance of EBIT and EBIT.U since inception on February 17, 2021.

Calendar Year Performance

Ticker/Fund2017201820192020202120222023
EBIT-----9.71%-63.98%146.92%
EBIT.U-----9.06%-66.39%153.72%

Fund Details

CUSIP 09175J108 (EBIT)09175J116 (EBIT.U) TICKER EBITEBIT.U LISTING EXCHANGE Toronto Stock Exchange (TSX).
INCEPTION DATE February 17, 2021 CURRENCY Unhedged to CAD (EBIT)USD (EBIT.U) REGISTERED INVESTMENT ELIGIBILITY Yes
INDEX CME CF Bitcoin Reference Rate (BRR) INDEX PROVIDER CF Benchmarks Ltd MANAGEMENT FEE 0.75 (plus applicable sales taxes)
OPTIONS TRADING AVAILABLE Yes - Montréal Exchange

Top 10 Holdings

As at Dec 12, 2024

1 2

Wallet Breakdown

As at Dec 12, 2024

1 2

Name

Weight

Sector Allocation

As at Dec 12, 2024

1 2

Name

Weight

Index Provider

CF Benchmarks Ltd. - https://www.cfbenchmarks.com/solutions/banks We believe that robust indices of high integrity are essential to the development of the cryptocurrency asset class and its continued adoption by ever more individual and institutional investors. Our indices power a wide range of financial products including derivative contracts, investment funds and structured products. Combining indexing techniques that have been tried and tested in traditional asset classes with concepts unique to cryptocurrencies, furthering adoption of the asset class. Robust Processes and Technology. CF Benchmarks has developed state of the art technology to ensure its indices are provided to the utmost precision in a timely manner, 24/7. Its quality assurance processes ensure that the indices it provides are suitable for even the most demanding users. CF Benchmarks is committed to the highest degree of transparency in its administration of indices. Full index methodologies alongside our key policies are publicly available at https://www.cfbenchmarks.com/indices/BRTI and all announcements are made through our news channel. All indices are subject to independent oversight and minutes of oversight meeting are made publicly available. Our indices have been designed to facilitate replication both organically and through licensed financial products. Investors can gain exposure to the performance of our indices through leading financial institutions including; CME Group, Evolve Funds and WisdomTree. Advisor Logo

Evolve ETFs
Scotia Plaza, 40 King Street West, Suite 3404, Toronto ON M5H 3Y2
416.214.4884 | 1.844.370.4884 | evolveetfs.com
As at December 12, 2024 Document created December 13, 2024, 08:18 PM EST

ETF Series

(As at December 12, 2024)

Ticker

 

EBIT

See More Details
NAV* (11:00am ET)

As at December 12, 2024

$51.42

See More Details
Nav Change

As at December 12, 2024

1.51%

Market Price

(As at December 12, 2024 at 5:00pm)

N/A

BTC Per Share

 

Bitcoin

See More Details
Shares Per BTC

 

1

See More Details
AUM

 

$390.229 M

BTC Price (USD)**

(as at Dec. 13, 2024 at 8:18 pm)

$102,204.48

See More Details

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Evolve Cyber Security Index Fund

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Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

EBIT provides investors with exposure to the daily price movements of the U.S. dollar price of bitcoin while experiencing minimal tracking error by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure. EBIT offers investors exposure to bitcoin by investing directly in bitcoin, with EBIT’s holdings of bitcoin priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.

Fund Details

CUSIP

N/A

Ticker

EBIT

Listing Exchange

Toronto Stock Exchange (TSX). Subject to TSX Approval.

Listing Date

Coming Soon

Currency

Unhedged to CAD

Registered Investment Eligibility

Yes

Index

Bitcoin Reference Rate (BRR)

Index Provider

CF BENCHMARKS LTD

Management Fee

1.00%

CUSIP

09175J108

Ticker

EBIT

Listing Exchange

Toronto Stock Exchange (TSX).

Inception Date

February 17, 2021

Currency

Unhedged to CAD

Registered Investment Eligibility

Yes

Index

CME CF Bitcoin Reference Rate (BRR)

Index Provider

CF Benchmarks Ltd

Management Fee

0.75% (plus applicable sales taxes)

Options Trading Available

Yes - Montréal Exchange

CUSIP

09175J116

Ticker

EBIT.U

Listing Exchange

Toronto Stock Exchange (TSX).

Inception Date

February 17, 2021

Currency

USD

Registered Investment Eligibility

Yes

Index

CME CF Bitcoin Reference Rate (BRR)

Index Provider

CF Benchmarks Ltd

Management Fee

0.75% (plus applicable sales taxes)

Options Trading Available

Yes - Montréal Exchange

?

Who Should Consider
this ETF?

Investors who are:

  • Seeking exposure to the daily price movements of the U.S. dollar price of bitcoin
  • Seeking a convenient, secure alternative to a direct investment in bitcoin
  • Who have a sophisticated knowledge and understanding of bitcoin; and
  • Who have the capacity to absorb a loss of some or all of their investment

* NAV calculated as at 11:00am (ET) each trading day.

** Source: CME CF Bitcoin Real-Time Index (BRTI).

Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees (except for figures of one year or less, which are simple total returns) including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

The rates of return shown in the table are used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the ETF or returns on investment in the ETF.

Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

Ernst & Young LLP is the auditor of the Canadian Reporting Issuer investment funds managed by Evolve Funds Group Inc. (the “Funds”). Ernst & Young LLP is independent with respect to the Funds in the context of the CPA Code of Professional Conduct of the Chartered Professional Accountants of Ontario. For the year ended December 31, 2023, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $454,400. Fees for other services were $25,250.

CF BENCHMARKS LTD INDEX DATA IS USED UNDER LICENSE AS A SOURCE OF INFORMATION FOR CERTAIN EVOLVE FUNDS GROUP INC. PRODUCTS. CF BENCHMARKS LTD AND ITS AGENTS HAVE NO OTHER CONNECTION TO EVOLVE FUNDS GROUP INC. PRODUCTS AND SERVICES AND DO NOT SPONSOR, ENDORSE, RECOMMEND OR PROMOTE ANY EVOLVE FUNDS GROUP INC. PRODUCTS OR SERVICES. CF BENCHMARKS AND ITS AGENTS HAVE NO OBLIGATION OR LIABILITY IN CONNECTION WITH THE EVOLVE FUNDS GROUP INC. PRODUCTS AND SERVICES. CF BENCHMARKS AND ITS AGENTS DO NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF ANY INDEX LICENSED TO EVOLVE FUNDS GROUP INC. AND SHALL NOT HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN.


Index Provider

CF Benchmarks Ltd. - https://www.cfbenchmarks.com/solutions/banks We believe that robust indices of high integrity are essential to the development of the cryptocurrency asset class and its continued adoption by ever more individual and institutional investors. Our indices power a wide range of financial products including derivative contracts, investment funds and structured products. Combining indexing techniques that have been tried and tested in traditional asset classes with concepts unique to cryptocurrencies, furthering adoption of the asset class. Robust Processes and Technology. CF Benchmarks has developed state of the art technology to ensure its indices are provided to the utmost precision in a timely manner, 24/7. Its quality assurance processes ensure that the indices it provides are suitable for even the most demanding users. CF Benchmarks is committed to the highest degree of transparency in its administration of indices. Full index methodologies alongside our key policies are publicly available at https://www.cfbenchmarks.com/indices/BRTI and all announcements are made through our news channel. All indices are subject to independent oversight and minutes of oversight meeting are made publicly available. Our indices have been designed to facilitate replication both organically and through licensed financial products. Investors can gain exposure to the performance of our indices through leading financial institutions including; CME Group, Evolve Funds and WisdomTree.
Advisor Logo

Portfolio

Wallet Breakdown

As at December 12, 2024

Name

Weight

Sector Allocation

As at December 12, 2024

Name

Weight


Holdings

As at December 12, 2024

Download XLS

Basket

Holdings

Performance

As at November 30, 2024

** Performance of EBIT and EBIT.U since inception on February 17, 2021.

Calendar Year Performance

Ticker/Fund2017201820192020202120222023
EBIT-----9.71%-63.98%146.92%
EBIT.U-----9.06%-66.39%153.72%

* NAV calculated as at 11:00am (ET) each trading day.

** Source: CME CF Bitcoin Real-Time Index (BRTI).

Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees (except for figures of one year or less, which are simple total returns) including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

The rates of return shown in the table are used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the ETF or returns on investment in the ETF.

Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

Ernst & Young LLP is the auditor of the Canadian Reporting Issuer investment funds managed by Evolve Funds Group Inc. (the “Funds”). Ernst & Young LLP is independent with respect to the Funds in the context of the CPA Code of Professional Conduct of the Chartered Professional Accountants of Ontario. For the year ended December 31, 2023, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $454,400. Fees for other services were $25,250.

CF BENCHMARKS LTD INDEX DATA IS USED UNDER LICENSE AS A SOURCE OF INFORMATION FOR CERTAIN EVOLVE FUNDS GROUP INC. PRODUCTS. CF BENCHMARKS LTD AND ITS AGENTS HAVE NO OTHER CONNECTION TO EVOLVE FUNDS GROUP INC. PRODUCTS AND SERVICES AND DO NOT SPONSOR, ENDORSE, RECOMMEND OR PROMOTE ANY EVOLVE FUNDS GROUP INC. PRODUCTS OR SERVICES. CF BENCHMARKS AND ITS AGENTS HAVE NO OBLIGATION OR LIABILITY IN CONNECTION WITH THE EVOLVE FUNDS GROUP INC. PRODUCTS AND SERVICES. CF BENCHMARKS AND ITS AGENTS DO NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF ANY INDEX LICENSED TO EVOLVE FUNDS GROUP INC. AND SHALL NOT HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN.

Distributions

Documents