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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
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Post by BlueGuitar1on Mar 15, 2024 12:17am
206 Views
Post# 35934206

Looking like the tree is being shaken again.

Looking like the tree is being shaken again.March 15th.  BTC down 6.6% to USD$68.3K.  The tree is being shaken by the Whales and big buyers like ETFs to pick up from retail investors.  $68.3 still a nice price but I think we are getting ready for next leg up.  Who is selling?  Grayscale and some BTC miners selling to increase cash positions for upgrades.  Let's see what happens tomorrow. HODL. 
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