Geopolitics Alpha

US sanctions eight Canadian firms over Iran crypto links

Published . Updated .

Key takeaways

  • US has sanctioned eight Canadian money services accused of facilitating digital asset transactions involving Iran and sanctioned entities.
  • Exposed: BWET, EWC, COIN, MSTR, XOM
  • Market reaction: BWET +4.9% on the day (still updating); EWC +0.1% on the day (still updating); COIN +3.4% on the day (still updating)

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US sanctions eight Canadian firms over Iran crypto links

US has sanctioned eight Canadian money services accused of facilitating digital asset transactions involving Iran and sanctioned entities.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story.

  • USO United States Oil Fund

    United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story.

  • EWC iShares MSCI Canada ETF

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”).

  • COIN Coinbase Global

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • MSTR Strategy

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.

  • MARA MARA Holdings

    MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT+8.70%+2.84%base+0.64%after closeafter closeafter close
USO+2.78%+4.95%base+2.37%after closeafter closeafter close
BWET+35.67%+29.19%base+4.90%after closeafter closeafter close
EWC+2.54%-0.51%base+0.13%after closeafter closeafter close
COIN+14.70%+1.98%base+3.35%after closeafter closeafter close
MSTR+17.71%+6.57%base+1.14%after closeafter closeafter close
XOM+3.07%+0.89%base+1.25%after closeafter closeafter close
MARA-6.39%-13.67%base+5.51%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

US sanctions eight Canadian firms over Iran crypto links Digital Watch Observatory

Source: Digital Watch Observatory

Amplify Commodity Trust (BWET) since this story, compared with the market

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)that day+4.90%still updating
Amplify Commodity Trust (BWET)three days earlier+29.19%final price
Amplify Commodity Trust (BWET)five days earlier+35.67%final price
Coinbase Global (COIN)that day+3.35%still updating
Coinbase Global (COIN)three days earlier+1.98%final price
Coinbase Global (COIN)five days earlier+14.70%final price
Ishares Msci Canada Etf (EWC)that day+0.13%still updating
Ishares Msci Canada Etf (EWC)three days earlier-0.51%final price
Ishares Msci Canada Etf (EWC)five days earlier+2.54%final price
iShares Bitcoin Trust ETF (IBIT)that day+0.64%still updating
iShares Bitcoin Trust ETF (IBIT)three days earlier+2.84%final price
iShares Bitcoin Trust ETF (IBIT)five days earlier+8.70%final price
MARAthat day+5.51%still updating
MARAthree days earlier-13.67%final price
MARAfive days earlier-6.39%final price
Strategy (MSTR)that day+1.14%still updating
Strategy (MSTR)three days earlier+6.57%final price
Strategy (MSTR)five days earlier+17.71%final price
United States Oil Fund (USO)that day+2.37%still updating
United States Oil Fund (USO)three days earlier+4.95%final price
United States Oil Fund (USO)five days earlier+2.78%final price
ExxonMobil Holdings (XOM)that day+1.25%still updating
ExxonMobil Holdings (XOM)three days earlier+0.89%final price
ExxonMobil Holdings (XOM)five days earlier+3.07%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who is named in “US sanctions eight Canadian firms over Iran crypto links”

Companies tied to this story

  • BWET Amplify Commodity Trust

    In “US sanctions eight Canadian firms over Iran crypto links,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story

  • EWC Ishares Msci Canada Etf

    For “US sanctions eight Canadian firms over Iran crypto links,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”)

  • COIN Coinbase Global

    In “US sanctions eight Canadian firms over Iran crypto links,” Coinbase Global (COIN) is linked, with no stored direction, medium confidence. Reason on file: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

  • MSTR Strategy

    In “US sanctions eight Canadian firms over Iran crypto links,” Strategy (MSTR) is linked, with no stored direction, medium confidence. Reason on file: Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “US sanctions eight Canadian firms over Iran crypto links.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story

  • CVX Chevron

    For “US sanctions eight Canadian firms over Iran crypto links,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story

  • IBIT iShares Bitcoin Trust ETF

    In “US sanctions eight Canadian firms over Iran crypto links,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story

  • USO United States Oil Fund

    For “US sanctions eight Canadian firms over Iran crypto links,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story

How “US sanctions eight Canadian firms over Iran crypto links” reaches Amplify Commodity Trust (BWET)

“US sanctions eight Canadian firms over Iran crypto links” (11 Nov 2026) reaches Amplify Commodity Trust (BWET) through this story.

Amplify Commodity Trust (BWET) is on the page because Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story

A second company, Ishares Msci Canada Etf (EWC), is listed for a different reason: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”)

Dates and price levels for Amplify Commodity Trust (BWET)

BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. COIN traded between 129.47 and 185.47 across 20 sessions. The latest close on file is 132.11. EWC traded between 57.81 and 61.73 across 20 sessions. The latest close on file is 60.20.

How solid “US sanctions eight Canadian firms over Iran crypto links” looks

46 out of 100Price not final

“US sanctions eight Canadian firms over Iran crypto links” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.