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Purpose Bitcoin ETF T.BTCC

Alternate Symbol(s):  PBECF | T.BTCC.B | PRBEF | T.BTCC.U | PPBCF | T.BTCC.J

Purpose Bitcoin ETF is an exchange traded fund launched and managed by Purpose Investments Inc. The fund invests in currency markets. It seeks to invest in Bitcoin. The fund uses derivatives such as forwards to create its portfolio. Purpose Bitcoin ETF was formed on February 18, 2021 and is domiciled in Canada.


TSX:BTCC - Post by User

Purpose Bitcoin ETF
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  • BlueGuitar1X
Post by BlueGuitar1on Mar 08, 2024 10:23pm
261 Views
Post# 35924065

Who bought what...a summary

Who bought what...a summaryFidelity bought 6978 BTC for total of 122,956
BlackRock bought 3599 BTC for total of 191,131 Bitcoin

The seller was of course GrayScale at -5524 BTC.
Once retailers sell their BTC, they will never get it back and the price will be so high that the average person will never be able to own one.  We will be picking the scraps off the bones with fractions of a Satoshi. 

Blackrock and Fidelity keep eating everything up.  And now we learn that
Elon Musk could be buying BTC for Tesla.  We will know when their quarter is released.

And I think that Michael Saylor is helping Jeff Bezos to buy too.  






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