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Canada Approves Evolve to Launch Physically-Settled Bitcoin ETF Canada Approves Evolve to Launch Physically-Settled Bitcoin ETF This is the second Bitcoin ETF receiving approval in Canada. Arnab Shome 2021-02-17T09:08:09+00:00 2021-02-17T09:36:59+00:00 Photo: FM Evolve Funds Group Inc., has become the second Canadian company to receive regulatory approval for a Bitcoin exchange-traded fund (ETF) and is now seeking the permission of the Toronto Stock Exchange for listing. Tuesday’s announcement detailed that the fund will be physically-settled, meaning investors will receive Bitcoins when t...