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Ether Capital Corp N.ETHC.B

Alternate Symbol(s):  DTSRF

Purpose Ether Staking Corp. ETF (the Fund), formerly Ether Capital Corporation, is an alternative mutual fund. The Fund’s investment objective is focused on investing all or substantially all of its assets in long-term holdings of Ether and seeks to provide shareholders with the opportunity for long-term capital appreciation. The Fund’s investment objectives include capital preservation, generating income, capital growth or a combination of the three. The Fund may also hold cash and cash equivalents or other money market instruments. The securities of any mutual funds held by the Fund shall be valued at the reported net asset value (NAV) of that mutual fund. Purpose Investments Inc. is the manager and portfolio manager of the Fund. The manager will use the CoinDesk Ether Price Index as the primary source upon which the Fund’s Ether will be valued. The CoinDesk Ether Price Index represents a real-time, United States dollar equivalent spot rate for Ethereum.


NEO:ETHC.B - Post by User

Bullboard Posts
Comment by Mountainbikeron Apr 20, 2018 11:05am
103 Views
Post# 27917344

RE:RE:Clearly

RE:RE:ClearlyThe money was raised by in Feb but the cash was put in Escrow. The RTO was completed and the new company got listed yesterday. The company in a way was lucky. Now they have $45 mil to spend and they are going to use 80-90% of it to buy Ether. Now Bitcoin and Ether are both back in a bull leg. Good time to get in. Do your DD. The MONEY was released to the company. Read the Escrow conditions on sedar.
Bullboard Posts