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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 Aug 05, 2024 11:06pm
240 Views
Post# 36165342

USD$49,000 August 5, 2024.

USD$49,000 August 5, 2024. Another Black Monday and BTC dropped to about $49K to minus 17%.  Global markets tanked.  Horrible day globally.  

But, we are recovering. BTC now at USD$55.9.  

IMO, BTC might decouple and become a risk off asset.  Good luck all. 
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