2 Best Ethereum ETFs in Canada (June 2026)
The best Ethereum ETFs in Canada include ETHX.TO (~0.40% MER) and ETHH.TO (~1.00%). These ETFs provide direct spot exposure to Ethereum through a regulated structure, making them accessible for TFSA and RRSP investors, but with very high volatility, making them suitable only as a small, speculative allocation.
Ethereum ETFs are designed for Canadian investors who want exposure to Ethereum through a regulated, exchange-traded product. ETFs like ETHX.TO and ETHH.TO track the price of Ethereum, allowing investors to participate in the second-largest cryptocurrency without managing wallets or private keys.
The key advantage of Ethereum ETFs is accessibility and ease of use. However, Ethereum remains highly volatile and is influenced by factors like network adoption, staking dynamics, and broader crypto market trends.
In this guide, we break down the best Ethereum ETFs in Canada, comparing fees, structure, and risk so you can decide how they fit into your TFSA, RRSP, or speculative portfolio.
At a Glance: Quick Comparison
Side-by-side snapshot of fees, yield, and returns. Data updates daily.
| ETF | MER | AUM | Yield | YTD | 1Y |
|---|---|---|---|---|---|
Top ETHX.TO ETHX.TO | — | — | — | -38.69% | — |
ETHH.TO Purpose Ether ETF - Hedged | — | $94M | — | -39.49% | -27.21% |
What Is an ETF?
An Ethereum ETF in Canada is an exchange-traded fund that provides exposure to Ethereum through a regulated investment vehicle. Most Canadian Ethereum ETFs offer spot exposure by directly holding ETH rather than using derivatives.
For example, ETHX.TO (~0.40% MER) is one of the lowest-cost Ethereum ETFs in Canada, while ETHH.TO (~1.00% MER) is another widely used option with strong liquidity. ETHQ.TO and QETH.U offer similar exposure with different fee structures and listing currencies.
Ethereum ETFs are commonly held in TFSAs, RRSPs, and non-registered accounts. Investors should consider fees, liquidity, and whether staking or yield features are included, as Ethereum remains highly volatile and speculative.
The 2 Best ETFs: Ranked & Reviewed
Detailed breakdown of each pick with live data.
ETHX.TO
$3.85
-38.69% YTD
Returns
YTD
-38.69%
1Y
—
3Y
—
5Y
—
Purpose Ether ETF - Hedged
$7.17
-39.49% YTD
The Fund has been created to buy and hold substantially all of its assets in long-term holdings of Ether and seeks to provide holders of ETF Units ("Unitholders") with the opportunity for long-term capital appreciation.
Returns
YTD
-39.49%
1Y
-27.21%
3Y
-3.14%
5Y
-10.46%
Pros & Cons
Pros
- Direct exposure to Ethereum through a regulated ETF
- Eliminates need for wallets and self-custody
- Eligible for TFSA and RRSP in most cases
- Potential upside from Ethereum adoption and network growth
Cons
- Extremely high volatility and large price swings
- Fees can vary significantly between products
- Performance depends entirely on Ethereum market cycles
- Additional complexity from staking and network changes
Compare These ETFs Head-to-Head
Drill into a side-by-side breakdown of performance, AUM, and yield.
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Frequently Asked Questions
What is the best Ethereum ETF in Canada?
ETHX.TO is one of the best Ethereum ETFs in Canada due to its low fees, while ETHH.TO is another popular option with strong liquidity and a longer track record.
Are Ethereum ETFs different from Bitcoin ETFs?
Yes, Ethereum ETFs track Ethereum instead of Bitcoin and may include additional features like staking exposure. Ethereum’s value is also influenced by network usage and smart contract adoption, unlike Bitcoin.
Can I hold Ethereum ETFs in a TFSA or RRSP?
Yes, most Canadian-listed Ethereum ETFs are eligible for TFSAs and RRSPs, allowing investors to gain crypto exposure in a tax-advantaged account while avoiding the complexity of self-custody.