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Purpose Bitcoin Yield ETF - ETF Units T.BTCY

Alternate Symbol(s):  T.BTCY.B | T.BTCY.U | PBYEF

Purpose Bitcoin Yield ETF (the Fund) seeks to provide unitholders with (a) monthly distributions and (b) long-term capital appreciation. The Fund will achieve its investment objectives primarily by obtaining exposure to Bitcoin and by implementing a derivatives based strategy in respect of portfolio securities. The Fund seeks to achieve its investment objectives by investing indirectly in long-term holdings of Bitcoin primarily through investment in units of the Purpose Bitcoin ETF and by implementing an option writing strategy. The Fund may also invest in other investment funds which provide exposure to Bitcoin.


TSX:BTCY - Post by User

Purpose Bitcoin Yield ETF - ETF Units
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Post by BlueGuitar1on Sep 26, 2024 10:54am
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Post# 36242177

Summer over. BTCY should start next up trend now.

Summer over. BTCY should start next up trend now.Interest rates coming down for next year. Election year in USA. QE starting and future inflation again. BTC should do great now. But now with Institutional holding and buying.  BlackRock is heavy into this with
their BTC ETF.  
Chartwise, a beautiful cup and handle bullish signal.  We need to hold above USD$65K and my guess is that we hit near USD$100K by Christmas.  We are volitile with much upside now. GLTA. 

PS. Ex-div is today.  Sept 26, 2024.
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Dealroom for high-potential pre-IPO opportunities