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Purpose Bitcoin Yield ETF - ETF Units T.BTCY

Alternate Symbol(s):  T.BTCY.B | T.BTCY.U | PBYEF

Purpose Bitcoin Yield ETF (the Fund) seeks to provide unitholders with (a) monthly distributions and (b) long-term capital appreciation. The Fund will achieve its investment objectives primarily by obtaining exposure to Bitcoin and by implementing a derivatives based strategy in respect of portfolio securities. The Fund seeks to achieve its investment objectives by investing indirectly in long-term holdings of Bitcoin primarily through investment in units of the Purpose Bitcoin ETF and by implementing an option writing strategy. The Fund may also invest in other investment funds which provide exposure to Bitcoin.


TSX:BTCY - Post by User

Comment by Kylemcc10on Jan 25, 2022 11:51pm
305 Views
Post# 34360926

RE:why own btcc vs this?

RE:why own btcc vs this?I'm pretty sold on these funds. The volatile nature is perfect for this strategy. Already own Ethy, going to add Btcy as well
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