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Canada · SPY

Can you buy the S&P 500 as a token in Canada?

Short answer: no. SPYx, the token sold on Pump.fun and Kraken, isn't offered to people living in Canada. Here's why, and what you can do instead.

Updated

Why you can't buy it here

xStocks, the stock tokens sold on Pump.fun and Kraken, aren't offered to people living in Canada, so we don't list them here.

What you can do instead

  • Canadian brokers sell SPY, and Canadian-listed funds that track the S&P 500 are widely available too.
  • Check that the firm is registered with your provincial securities regulator.

About the S&P 500

The S&P 500 is an index of about 500 of the biggest US listed companies, from Apple and Nvidia to banks and supermarkets. SPY, run by State Street, is the oldest US fund that tracks it, so one share gives you a small slice of all of them.

Other ways to get exposure to the S&P 500

Good to know in Canada

  • Crypto trading platforms serving Canadians must register with the provincial securities regulators. The CSA keeps a list of registered platforms.
  • Canadian brokers sell real US shares, which is usually the simpler route.
  • Gains may be taxable. A local tax adviser can tell you how.

Who regulates this

Full guide for Canada

Questions people ask

Can I buy SPYx in Canada?

No. xStocks, the stock tokens sold on Pump.fun and Kraken, aren't offered to people living in Canada, so we don't list them here.

Can I use a VPN to get around it?

Please don't. Getting around location blocks, sanctions or ID checks breaks the app's rules, can get your money frozen, and may be illegal.

What can I do instead?

Canadian brokers sell SPY, and Canadian-listed funds that track the S&P 500 are widely available too.

Other stocks in Canada

Buying the S&P 500 from somewhere else?

Sources (13)
  1. 1.
    SPDR S&P 500 ETF Trust (SPY) fund page

    State Street Global Advisors · official

  2. 2.
    S&P 500 index page

    S&P Dow Jones Indices · official

  3. 3.
  4. 4.
    Canadian Securities Administrators (CSA)

    Canadian Securities Administrators (CSA) · regulator

  5. 5.
    CIRO

    CIRO · regulator

  6. 6.
  7. 7.
    Pump.fun Fees page

    Pump.fun · platform

  8. 8.
  9. 9.
    xStocks partner FAQ

    xStocks · official

  10. 10.
    Registered crypto asset trading platforms

    Financial and Consumer Services Commission (New Brunswick) · regulator

  11. 11.
    Income from crypto-asset transactions

    Canada Revenue Agency · official

  12. 12.
    Capital gains tax increase cancelled (March 2025)

    Prime Minister of Canada · official

  13. 13.
    Qualified investments for registered plans

    Canada Revenue Agency · official

Last updated .