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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

Purpose Bitcoin CAD ETF Currency Hedged > I'm confused
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Comment by Mat1791on Feb 19, 2021 10:53am
293 Views
Post# 32609217

RE:RE:RE:RE:I'm confused

RE:RE:RE:RE:I'm confusedBecause BitCoin never stops trading (24hours),

and BTCC only trades during trading hours,

knowing the value of the index at 4pm each day and then at 9:30am the next open will give you the tools to determine the openning fair value for BTCC each morning.
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