Harvest Bitcoin ETF (HBIT)
Spot Bitcoin ETF listed on the Toronto Stock Exchange – physically-backed direct exposure to Bitcoin from Harvest Portfolios Group.
Key Facts
| Issuer | Harvest Portfolios Group |
|---|---|
| Ticker | HBIT (TSX – Toronto Stock Exchange) |
| Expense Ratio | 0.40% (management fee) |
| Approx. AUM | $850M CAD |
| Custodian | Gemini Trust Company (cold storage) |
| Inception | February 18, 2021 |
| Official Site | Harvest HBIT Page |
Composition / Holdings
HBIT is 100% physically-backed spot Bitcoin (no derivatives or futures).
| Asset | Percentage | Description |
|---|---|---|
| Bitcoin (BTC) | 100% | Physically-backed spot Bitcoin held in cold storage by Gemini Trust Company |
No leverage, futures, or other assets. Direct 1:1 exposure to Bitcoin price (less fees).
Net Inflows & Outflows
Historical daily/weekly net flows showing investor demand for HBIT in Canada.
Performance Overview
NAV tracking and returns vs. Bitcoin spot price (historical).
ESG & Sustainability Metrics
Estimated ESG ratings and carbon footprint (where applicable for crypto ETFs).
Pros
- Physically-backed spot Bitcoin with institutional-grade custody (Gemini)
- Competitive low expense ratio (0.40%) among Canadian spot BTC ETFs
- Direct 1:1 exposure to Bitcoin price (no derivatives)
- Strong issuer with focus on innovative ETFs
Cons
- Full exposure to Bitcoin price volatility
- No direct Bitcoin ownership or withdrawal option
- CAD denominated (currency risk for non-CAD investors)
- Smaller AUM than BTCC/FBTC (slightly lower liquidity)
How to Buy HBIT
Available on major Canadian brokers (e.g., Wealthsimple, Questrade, RBC Direct Investing, TD Direct Investing, etc.). Search ticker HBIT (or HBIT.U for USD).
Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Data approximate and subject to change; always verify with official sources.