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

Primary Symbol: T.BTCC Alternate Symbol(s): 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

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TSX:BTCC - Post Discussion

Purpose Bitcoin CAD ETF Currency Hedged > Will these ETF be buying Bitcoins?

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Post by Rejean1 on Feb 18, 2021 11:00am

Will these ETF be buying Bitcoins?

Just got in too this am.
Will the ETF be buying Bitcoins to match ETF purchases? As some type of insurance?
If they do....will they be another Bitcoin buyer possibly driving up demand for the coin?
Newbie here!

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