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Purpose Bitcoin CAD ETF Currency Hedged T.BTCC.J


Primary Symbol: T.BTCC Alternate Symbol(s):  T.BTCC.B | T.BTCC.U | PRBEF | PPBCF

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 Richmondon Mar 02, 2021 11:36am
141 Views
Post# 32694999

RE:RE:RE:Btcc vs bitcoins

RE:RE:RE:Btcc vs bitcoins RATHER BUY BITCOIN THANK BTCC. ETF. THIS ETF IS JUNK!!!!....Has been down more than up. BAD INVESTMENT....BAD!!!!
Shadow1973 wrote: The Canadian dollar strength today is also a factor, as this ETF us unhedged. So the $CDN was up almost 1 percent, which will inversely affect the BTC price in USD. I hear you about weekend trading - it is one thing that I don't like about holding the ETF version of bitcoin vs the real thing. i.e you can't pick up those Sunday dips at a lower prices like yesterday, when BTC hit 43K and then of course rallied to 48K at the start of Monday trading. 


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