Key Takeaways
- • Dynamic Funds (Scotiabank subsidiary) and 3iQ launched the Dynamic Active Multi-Crypto ETF (ticker: DXMC) on Cboe Canada, offering Canadian investors actively managed exposure to Bitcoin, Ether, Solana, and XRP alongside Web 3 and blockchain-related companies.
- • 3iQ, Canada's first regulated digital asset fund manager, serves as sub-adviser, bringing institutional-grade expertise from its track record launching the world's first Ether Staking ETF and pioneering Bitcoin, Ether, Solana Staking, and XRP ETF products.
- • DXMC differentiates from passive single-coin ETFs through active management of a diversified crypto basket combined with Dynamic's 1832 Asset Management allocation to Web 3 and blockchain development companies, positioning the fund as a portfolio diversification tool.
- • The launch reflects convergence of traditional finance and digital assets, signaling growing institutional adoption and regulatory maturity in the crypto space that Dynamic leadership attributes to evolving investor demand and regulatory progress.
Summary
Dynamic Funds announced the launch of the Dynamic Active Multi-Crypto ETF (DXMC) on March 4, 2026, marking a significant institutional entry into actively managed cryptocurrency investment. The ETF listed on Cboe Canada Inc. and represents a strategic partnership between Dynamic—Scotiabank's asset management subsidiary—and 3iQ, a pioneer in regulated digital asset investment solutions.
The fund provides Canadian investors with actively managed exposure to four primary digital assets: Bitcoin, Ether, Solana, and XRP. Unlike passive, single-cryptocurrency ETFs, DXMC employs active management to select among these assets while simultaneously allocating capital to companies positioned to benefit from Web 3, blockchain, and cryptocurrency technologies. This dual-component structure aims to deliver long-term capital appreciation and serve as a portfolio diversification mechanism for institutional and retail investors.
3iQ's role as sub-adviser underscores the institutional credibility of the offering. The firm holds distinction as Canada's first regulated digital asset fund manager and has established a track record launching the world's first Ether Staking ETF alongside early entries in Bitcoin, Ether, Solana Staking, and XRP ETFs. Mark Brisley, Head of Dynamic, characterized the partnership as responding to "evolution in the maturity of crypto assets, supported by growing investor demand, institutional adoption and regulatory progress." Pascal St-Jean, CEO of 3iQ, described the launch as "a meaningful step in the convergence of traditional finance and digital assets" and "a sophisticated institutional-grade multi-crypto strategy."
The fund's structure reflects broader industry recognition that institutional investors increasingly require simplified gateways to diversified digital asset exposure rather than single-asset solutions. By combining active cryptocurrency selection with complementary equity exposure to blockchain beneficiaries, DXMC positions itself as a comprehensive alternative investment vehicle within a diversified portfolio framework.
The fund provides Canadian investors with actively managed exposure to four primary digital assets: Bitcoin, Ether, Solana, and XRP. Unlike passive, single-cryptocurrency ETFs, DXMC employs active management to select among these assets while simultaneously allocating capital to companies positioned to benefit from Web 3, blockchain, and cryptocurrency technologies. This dual-component structure aims to deliver long-term capital appreciation and serve as a portfolio diversification mechanism for institutional and retail investors.
3iQ's role as sub-adviser underscores the institutional credibility of the offering. The firm holds distinction as Canada's first regulated digital asset fund manager and has established a track record launching the world's first Ether Staking ETF alongside early entries in Bitcoin, Ether, Solana Staking, and XRP ETFs. Mark Brisley, Head of Dynamic, characterized the partnership as responding to "evolution in the maturity of crypto assets, supported by growing investor demand, institutional adoption and regulatory progress." Pascal St-Jean, CEO of 3iQ, described the launch as "a meaningful step in the convergence of traditional finance and digital assets" and "a sophisticated institutional-grade multi-crypto strategy."
The fund's structure reflects broader industry recognition that institutional investors increasingly require simplified gateways to diversified digital asset exposure rather than single-asset solutions. By combining active cryptocurrency selection with complementary equity exposure to blockchain beneficiaries, DXMC positions itself as a comprehensive alternative investment vehicle within a diversified portfolio framework.
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