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

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TSX:BTCY - Post Discussion

Purpose Bitcoin Yield ETF - ETF Units > Monthly distribution up 61.9%

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Post by BlueGuitar1 on Nov 24, 2024 9:17pm

Monthly distribution up 61.9%

Hi everyone, We are getting $0.085 per share per month now. That is an increase of 61.9%.

So much institutional FOMO going on now for BTC. BTC can only go up. I think it is best to stay with BTC and forget the alt coins because I don't think countries, States, large corporations will store their currency in alt coins. HODL BTC and these ETFs.

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