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

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TSX:BTCC - Post Discussion

Purpose Bitcoin CAD ETF Currency Hedged > Countries are accumulating now.

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Post by BlueGuitar1 on Nov 24, 2024 9:25pm

Countries are accumulating now.

There are several countries accumulating BTC and letting the public know, but I have to think that there are other countries that are front running the US policy proposed to accumulate and not sell BTC already in American possession.

Not only countries but several States are collecting BTC. And now next month, even Microsoft will be voting on whether or not to hold BTC as part of their reserves.

I have never been so bullish on BTC.

Countries, States, Large Corporations, Large ETFs and later in the game will be retailers. I think we will see large pension funds adding a small percent of BTC in their mix too.

It looks like we have started a SUPER CYCLE in BTC. As a result, I think this time around, Alt-Coin season will be muted. Staying with the OG, BTC.

This rally is driven by institutions and countries. GLTA.