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Purpose Bitcoin CAD ETF Currency Hedged T.BTCC.U


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

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
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•••
Post by BlueGuitar1on Mar 13, 2024 10:00am
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Post# 35930282

Some updates:

Some updates:March 13, 2024

New ATH at USD$73,700
New money into BTC is USD$1 Billion per day and taken out of circulation
BlackRock added yesterday 11,871 BTC to 215,625 BTC
Grayscale selling less now at minus 1105
MicroStrategy with Michael Saylor now holding 205,000 BTC but adding more with new money raised recently.

Supply shortage and this rally has only begun.  
There will be mini shake outs of weak hands so rich ones will be the HODLers. 

Good luck everyone. 
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