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Bullboard - Stock Discussion Forum Purpose Bitcoin Yield ETF - ETF Units T.BTCY

Alternate Symbol(s):  T.BTCY.B | T.BTCY.U | PBYEF

Purpose Bitcoin Yield ETF (the Fund) seeks to provide unitholders with (a) monthly distributions and (b) long-term capital appreciation. The Fund will achieve its investment objectives primarily by obtaining exposure to Bitcoin and by implementing a derivatives based strategy in respect of portfolio securities. The Fund seeks to achieve its investment objectives by investing indirectly in long... see more

TSX:BTCY - Post Discussion

View:
Post by opsd1 on Jan 21, 2022 12:01pm

17% yield!

I'm in with that and BTC will go back up again eventually.
Comment by bonhomme16 on Jan 24, 2022 12:54pm
Corret me if 'm wrong but was the dividend not .10 last week, now it says 8 cents?
Comment by opsd1 on Jan 24, 2022 8:40pm
Yes, actually it's been lowered to 0.0785. And now 0.10 for ETHY.
Comment by marcrobert on Jan 25, 2022 12:07pm
yield is going to be all over the map apparently, given the swings, but where is the capital appreciation going to come from? 
Comment by BlueGuitar1 on Jan 25, 2022 1:52pm
You will receive the income from the covered call options and hopefully capital appreciation too.  This is a growth and income generator.  Nav = $6.52 Jan 24, 2022., 
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