Toronto Stock Exchange (TSX) commemorates a significant milestone as it celebrates 35 years of Exchange-Traded Fund (ETF) innovation. The journey of ETFs on the TSX began in 1990 with the introduction of the Toronto 35 Index® Participation Units (TIPs®), the world’s first exchange-traded, index-linked product. This pioneering initiative laid the foundation for the evolution of ETFs into a prominent global investment instrument.

The Canadian ETF market has consistently led the way in innovation, with TSX at the helm of groundbreaking developments. Noteworthy milestones include listing the world’s first fixed income ETF in 2000 and the world’s first Bitcoin ETF in 2021. In a strategic move to further bolster support for the ETF industry, TMX Group, the parent company of TSX, expanded its commitment by acquiring VettaFi in January 2024. This acquisition aimed to enhance services and extend global outreach in the ETF domain.

Loui Anastasopoulos, CEO of Toronto Stock Exchange, expressed pride in the transformative impact of Canadian-invented ETFs on global financial markets. He emphasized the collaborative efforts with asset managers to advance the ETF industry within Canada and beyond through strategic investments and partnerships.

As of January 2025, TSX ETFs collectively managed over $560 billion in assets across 1,073 products. The market witnessed substantial activity in 2024, with $753 billion worth of ETF units traded in Canada. Montréal Exchange, a subsidiary of TMX Group, offers options on 53 ETFs, further enriching the ETF ecosystem in Canada.

Graham Mackenzie, Managing Director of Exchange Traded Products at Toronto Stock Exchange, acknowledged the pivotal role played by clients, partners, and stakeholders in propelling the Canadian ETF industry to surpass $600 billion in assets under management. The growth and innovation witnessed over the past 35 years underscore the resilience and adaptability of the Canadian ETF ecosystem.

For comprehensive information on ETFs listed on TSX, interested parties can visit the official website of TMX Group. Market close ceremonies and related updates are accessible through designated media channels, providing insights into the dynamic ETF landscape on the Toronto Stock Exchange.

TMX Group, a key player in global markets, operates various exchanges and services that form the backbone of financial ecosystems worldwide. With a commitment to fostering growth and success for businesses, traders, and investors, TMX Group continues to drive innovation and connectivity in the financial landscape.

For media inquiries and further details, individuals can reach out to Catherine Kee, Head of Media Relations at TMX Group. It is important to note that this news release does not serve as an invitation to purchase securities and does not constitute financial advice. Professional guidance is recommended for evaluating specific securities and investment decisions.

In conclusion, the 35th anniversary of ETF innovation on the Toronto Stock Exchange signifies a momentous occasion that underscores the evolution and impact of ETFs in shaping the global financial landscape. The steadfast commitment to innovation and collaboration within the Canadian ETF industry positions TSX as a key player in driving future growth and advancements in the realm of exchange-traded funds.