- Canada’s pro-crypto shift is accelerating with ETF adoption and growing institutional interest
- Poilievre’s potential leadership has been fueling speculation about a national Bitcoin reserve
The momentum behind crypto adoption is accelerating, with President Donald Trump playing a key role in fueling this global shift.
Now, Canada finds itself at a turning point as Justin Trudeau’s resignation signaled the end of an administration that was largely skeptical of digital assets – Most notably during the 2022 Freedom Convoy when crypto wallets were targeted.
Will Pierre Poilievre change Canada’s crypto approach?
Now, with elections on the horizon, speculation is mounting over whether a pro-crypto leader like Pierre Poilievre could usher in a new era of digital asset policies, including the possibility of a national Bitcoin reserve.
In fact, in 2025, Canada has seen a surge in pro-crypto developments, signaling a shift towards mainstream adoption.
BlackRock’s Bitcoin ETF debut on Cboe Canada has reinforced market confidence, while major pension funds are increasingly exploring digital assets as alternative investments.
Growing institutional interest is a sign of broader trust in crypto’s long-term value.
With regulatory clarity ahead of many nations, Canada’s financial sector may be poised to capitalize on the crypto boom.
Will Canada join the race for a Bitcoin Reserve?
Leading candidate Poilievre’s support for Bitcoin as an inflation hedge and his opposition to central banking policies further fuels speculation about a national Bitcoin reserve. This might position Canada as a potential blockchain powerhouse.
With Canada’s pro-crypto momentum accelerating, the prospect of a national Bitcoin reserve is becoming increasingly tangible.
The country’s abundant hydropower offers a strategic advantage for Bitcoin mining. Additionally, institutional adoption—evident in pension fund diversification—adds pressure for regulatory action.
As Texas strengthens its Bitcoin position, Canada may be poised to rival the United States in digital asset leadership.
With market infrastructure already in place and political will aligning, Canada’s emergence as a global crypto powerhouse might be inevitable.
Polymarket’s trend
While Pierre Poilievre once held a commanding 92% chance of victory on Polymarket, his odds have now adjusted to 48% – Sgnaling a more competitive landscape.
Meanwhile, Mark Carney has emerged as a strong contender, currently leading with 53% odds.
Despite this shift, however, Poilievre’s pro-crypto stance continues to resonate with investors and policymakers. This keeps the prospect of a Bitcoin-friendly Canada very much alive.
Simply put, as the election draws nears, the outcome will shape the country’s digital asset future and its position in the global crypto economy.
