Bullboard - Stock Discussion Forum Purpose Bitcoin Yield ETF - ETF Units PBYEF

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

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... see more

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TSX:BTCY - Post Discussion

Purpose Bitcoin Yield ETF - ETF Units > BlackRock keeps buying...

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Post by BlueGuitar1 on Dec 19, 2024 7:27pm

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.