Take advantage of bitcoin’s volatility and generate yield with purpose bitcoin yield etf. Similar to purchasing popular commodity etfs on the tsx, purpose bitcoin etf provides you with exposure to actual bitcoin without you having to buy the cryptocurrency. To the draw regarding the launch of the first bitcoin exchange traded fund (etf) in north america.
Confirmed That Canadian Securities Regulators Had Given Purpose Bitcoin Etf (Tsx:btcc.b) The Green Light.
Gold, the purpose bitcoin etf provides exposure to actual bitcoin. Mutual fund units of the purpose bitcoin etf and the purpose ether etf may be purchased or redeemed at net asset value per unit of the applicable class without premiums or discounts, which might otherwise be associated with a listed security. It has the largest holdings of any other canadian crypto etf.
Purpose Investments Is One Of The Largest Digital Asset Managers In The World, With A Robust And Innovative Product Suite Including The First Bitcoin And Ether Etfs In The World.
You may lose a substantial portion or even all of the money you place the fund. Ask your representative for a copy, contact purpose investments inc. The etf units of the fund are highly speculative and involve a high degree of risk.
Earn Yield While Staying Invested In Bitcoin.
According to purpose investments, which manages the fund. Similar to purchasing popular commodity etfs on the toronto stock exchange (tsx) in order to gain exposure to the underlying commodity e.g. Purpose investments launched the world’s first bitcoin etf in february 2021.
Purpose Bitcoin Etf (Tsx:btcc.b) Made Its Debut On The Tsx On February 18, 2021, Becoming The First Avenue For Canadian Investors To Foray Into The Cryptocurrency Industry While Remaining Within.
The fund will enable investors to gain exposure to the world’s largest cryptocurrency. Since the bitcoin etf has not existed for a full year, the returns are not available yet. You can find more details about this exchange traded fund (etf) in its prospectus.