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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

Post by B4UInveston Feb 23, 2021 8:45am
250 Views
Post# 32634871

Options trading

Options trading
Options Trading to Begin for Purpose Bitcoin ETF
 

TORONTO, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is thrilled to announce the TMX Group will begin listing options around Purpose Bitcoin ETF (“the ETF”) today on the Montral Exchange. The listing of options solidifies Purpose Bitcoin ETF’s position as the leading Bitcoin ETF vehicle for both institutions and retail investors.

“This is great news for investors and a powerful display of innovation in motion,” said Som Seif, founder and CEO of Purpose Investments. “In less than a week’s time from when we launched Purpose Bitcoin ETF, we’re already seeing the infrastructure for options trading put into place by the TMX Group. Not only does this provide investors with more ways to gain exposure to Bitcoin, it also really cements the idea that Purpose Bitcoin ETF is the premier tracker of the cryptocurrency in North America.”

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