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Purpose Bitcoin CAD ETF Currency Hedged T.BTCC.B


Primary Symbol: T.BTCC Alternate Symbol(s):  T.BTCC.U | PRBEF | 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 > Fair Value...
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Comment by Shadow1973on Feb 18, 2021 12:29pm
202 Views
Post# 32596516

RE:Fair Value...

RE:Fair Value...Good observation, Mat. I took a 1/2 position to see how the NAV story plays out. The price spiked to almost $11 at open but then went down closer to $10 before settling. It is an unhedged ETF so there is some currency fluctuations that will affect things, but not much. 
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