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Purpose Bitcoin CAD ETF Currency Hedged T.BTCC

Alternate Symbol(s):  T.BTCC.B | 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

Comment by Mat1791on Feb 18, 2021 2:21pm
225 Views
Post# 32597714

RE:RE:RE:RE:Crypto ETF!

RE:RE:RE:RE:Crypto ETF!
bazbuz wrote: I have been invested in HIVE since inception and have done extremely well.It mines both Etherium and Bitcoin and the price of the stock grows with the number of coins mined...The price of HIVE is also relative to the price of both Coins...And no annual management fee...                                    Is there anyone here that may have a good argument for the preferance to   BTCC.B or BTCC.U...Would you purchase with US$ or CANADIAN$ for the ETF...  


No annual management fee but cost and infastructure to mine?

For someone who wants both coin and manufacturing exposure, HIVE will work, but for someone who only wants coin, not so much.

Think Barrick vs Gold.

As for US or CAD, comes down to the direction you think both currencies will go in terms of one another.
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