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Purpose Bitcoin CAD ETF Currency Hedged T.BTCC.U


Primary Symbol: T.BTCC Alternate Symbol(s):  T.BTCC.J | PRBEF | PPBCF | T.BTCC.B

Purpose Bitcoin ETF (the Fund) seeks to buy and hold substantially all of its assets in the digital currency Bitcoin and seeks to provide unitholders of ETF units with the opportunity for long-term capital appreciation. To achieve its investment objective, the Fund invests in and holds substantially all of its assets in Bitcoin in order to provide unitholders with a secure, convenient, lower-cost alternative to a direct investment in Bitcoin.


TSX:BTCC - Post by User

Purpose Bitcoin CAD ETF Currency Hedged > btcc hedged
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Comment by Mat1791on Mar 12, 2021 8:21am
127 Views
Post# 32783616

RE:btcc hedged

RE:btcc hedged
mrbb wrote: is this hedging CAD against USD going up or going down?


BTCC is CDN hedged against USD so no currency implications and same MER which is weird.

.b is CDN and will be hurt when CDN gets stronger against USD and helped for opposite.

.u is USD so if you plan on keeping your dollars USD then no currency implications

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