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

<< Previous

Bullboard Posts

Next >>

Post by BlueGuitar1on Nov 24, 2024 9:17pm

103 Views

Post# 36328353

Monthly distribution up 61.9%

Hi everyone, We are getting $0.085 per share per month now. That is an increase of 61.9%.

So much institutional FOMO going on now for BTC. BTC can only go up. I think it is best to stay with BTC and forget the alt coins because I don't think countries, States, large corporations will store their currency in alt coins. HODL BTC and these ETFs.

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features