The Toronto Stock Exchange reports that Evolve Levered Bitcoin ETF will be listed at 5:01 p.m. on March 17, 2025, for trading at the open on March 18, 2025. According to the TSX, there will be 50,000 Canadian-dollar-denominated unhedged units and 50,000 U.S.-dollar-denominated unhedged units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The Canadian-dollar-denominated units will trade under the symbol LBIT and with Cusip No. 30054F 20 7, and the U.S.-dollar-denominated units will trade under the symbol LBIT.U and with Cusip No. 30054F 10 8.

The TSX reports that the ETF seeks to provide unitholders with exposure to 1.25 times the daily price movements of the U.S.-dollar price of bitcoin while experiencing minimal tracking error by investing in other publicly offered investment funds managed by the manager. The ETF will use leverage in order to achieve its investment objective. According to the TSX, the ETF does not expect to pay regular cash distributions.

The ETF's manager and trustee is Evolve Funds Group Inc., its transfer agent and registrar is TSX Trust Company at its principal office in Toronto, and its fiscal year-end is Dec. 31. As stated in its prospectus dated March 7, 2025, the ETF is issuing 50,000 unhedged units at $20 (Canadian) per unit and 50,000 units at $20 (U.S.) per unit in its initial public offering. It expects to close the offering on March 17, 2025. The designated market-maker is National Bank Financial Inc.