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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

Post by BlueGuitar1on Dec 19, 2024 7:27pm
42 Views
Post# 36371328

BlackRock keeps buying...

BlackRock keeps buying...They say that to get rich, copy the rich.  So I was checking and yesterday when BTC dropped, Blackrock was buying another USD$359.6 Million. (IBIT)


In other news, El Salvador gets an IMF load of $1.4 Billion.  It would be so funny if the country takes this load and buys BTC with it.  

Looks like we are setting up for a nice rally in 2025.  Demand from public companies, ETFs, Countries.  I say copy the rich and HODL. 

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