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Bullboard - Stock Discussion Forum Purpose Bitcoin CAD ETF Currency Hedged T.BTCC

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

Purpose Bitcoin ETF (the Fund) seeks to buy and hold substantially all of its assets in the digital currency Bitcoin and seeks to provide unitholders of ETF units with the opportunity for long-term capital appreciation. To achieve its investment objective, the Fund invests in and holds substantially all of its assets in Bitcoin in order to provide unitholders with a secure, convenient, lower... see more

TSX:BTCC - Post Discussion

Purpose Bitcoin CAD ETF Currency Hedged > btcc hedged
View:
Post by mrbb on Mar 11, 2021 11:47pm

btcc hedged

is this hedging CAD against USD going up or going down?
Comment by Mat1791 on Mar 12, 2021 8:21am
BTCC is CDN hedged against USD so no currency implications and same MER which is weird. .b is CDN and will be hurt when CDN gets stronger against USD and helped for opposite. .u is USD so if you plan on keeping your dollars USD then no currency implications
Purpose Bitcoin CAD ETF Currency Hedged
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