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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

Purpose Bitcoin CAD ETF Currency Hedged > USD$49,000 August 5, 2024.
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Post by BlueGuitar1on Aug 05, 2024 11:06pm
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Post# 36165342

USD$49,000 August 5, 2024.

USD$49,000 August 5, 2024. Another Black Monday and BTC dropped to about $49K to minus 17%.  Global markets tanked.  Horrible day globally.  

But, we are recovering. BTC now at USD$55.9.  

IMO, BTC might decouple and become a risk off asset.  Good luck all. 
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