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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 13, 2024 10:00am
263 Views
Post# 35930282

Some updates:

Some updates:March 13, 2024

New ATH at USD$73,700
New money into BTC is USD$1 Billion per day and taken out of circulation
BlackRock added yesterday 11,871 BTC to 215,625 BTC
Grayscale selling less now at minus 1105
MicroStrategy with Michael Saylor now holding 205,000 BTC but adding more with new money raised recently.

Supply shortage and this rally has only begun.  
There will be mini shake outs of weak hands so rich ones will be the HODLers. 

Good luck everyone. 
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