⚙️ Your Inputs
Initial Contribution
$10,000
$
Monthly Contribution
$500
$
Investment Horizon
10 years
Annual Bitcoin Return
30% / yr
Projected Portfolio Value (TFSA)
—
Tax-free at withdrawal — 0% capital gains
Contribution Breakdown
Total Contributions
—
Tax-Free Growth
—
You save $— in taxes
vs. holding the same Bitcoin ETF in a non-registered account at ~15% effective capital gains tax
Portfolio Growth Over Time
TFSA (tax-free)
Taxable account
Contributions only
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Open your TFSA on Wealthsimple — free in 5 minutes
Commission-free. FBTC and BTCX.B both trade on Wealthsimple at $0 per trade. No minimum balance. Set up recurring buys and you're done.
2026 TFSA Room: $7,000
If you've been 18+ since 2009 and have never contributed, your total cumulative room is $102,000. Unused room carries forward every year.
No Tax on Gains — Ever
Capital gains inside a TFSA are never taxed — not when you sell, not when you withdraw. Bitcoin in a TFSA is one of the best asymmetric tax plays available to Canadians.
Buy via Bitcoin ETFs
Direct Bitcoin isn't TFSA-eligible. ETFs like FBTC (0.39% MER) and BTCX.B (0.40% MER) are. Both trade commission-free on Wealthsimple.
Common Questions
How much Bitcoin can I hold in my TFSA?▾
You can hold any amount of Bitcoin ETFs inside your TFSA, limited only by your contribution room. There's no cap on how large the account can grow — once money is inside a TFSA and invested, all gains are permanently tax-free regardless of size. The 2026 annual contribution limit is $7,000; cumulative lifetime room (for those 18+ since 2009) is $102,000.
Is the 30% return assumption realistic?▾
Bitcoin's realized 10-year CAGR has exceeded 100%, and its 5-year CAGR has been above 50%. The 30% default is deliberately conservative — roughly half of Bitcoin's historical average. You should model multiple scenarios to understand your range of outcomes. Past returns do not guarantee future results.
How does the tax savings calculation work?▾
In a non-registered (taxable) account, Bitcoin ETF gains are subject to Canada's 50% capital gains inclusion rate. At a 30% marginal tax rate, this means roughly 15% of your gains go to the CRA. This calculator models that same portfolio held outside a TFSA and applies the 15% effective rate to the gains at the end of the horizon, then shows you the difference. The real figure depends on your marginal rate and when you sell — but the order of magnitude is accurate.
What Bitcoin ETF should I buy on Wealthsimple?▾
For most Canadians using a Wealthsimple TFSA, FBTC (Fidelity Advantage Bitcoin ETF, 0.39% MER) or BTCX.B (CI Galaxy Bitcoin ETF, 0.40% MER) are the top choices. Both are CAD-denominated, TFSA-eligible, and commission-free on Wealthsimple. Avoid IBIT (USD-denominated) — the 1.5% FX conversion fee on Wealthsimple offsets the lower MER unless you have a large lump sum.