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Purpose Bitcoin Yield ETF - ETF Units T.BTCY.U


Primary Symbol: T.BTCY Alternate Symbol(s):  T.BTCY.B | 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 Nov 08, 2024 11:43am
38 Views
Post# 36303327

BTC ETF Inflows yesterday was...

BTC ETF Inflows yesterday was...Big inflows yesterday into BTC ETFs.  The number is USD $1.4 Billion with BlackRock alone taking in USD $1.1 Billion. 

More and more BTC flowing into ETFs and this will drive prices higher.  Supply is getting low.  These US ETFs will be eating up all BTC.  

Crypto Friendly policies of President Elect Trump happening soon and people are front running expectations.  Buy and Hold.  

Good thing we have our Purpose Investment ETFs.  This is amazing.  GLTA longs. 


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