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


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

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 > 450 BTC per day
View:
Post by BlueGuitar1 on Oct 15, 2024 1:51pm

450 BTC per day

We are now at 450 BTC per day being mined.  Once these BTC have been added to the huge ETFs, they are removed forever from circulation.  BTCC can only go up.  GLTA.
Comment by Cobalt on Nov 24, 2024 11:34am
BlackRock alone is purchasing just under 2000 BTC daily. OTC supply could be gone in a few months then the real fireworks go off ;)
Purpose Bitcoin CAD ETF Currency Hedged
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