When is launch date for Purpose Investments Inc. Bitcoin ETF “BTCC”?

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Purpose Investments Inc. has just been the first Bitcoin ETF to be approved in Canada. Any background on this ETF and launch?

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Asked on February 13, 2021 6:24 pm
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Thanks Mat. I couldn't find the info. on the Purpose site. I'll keep a watch on the ETF. Cheers. Doug

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Posted by Doug Cairns
Answered on February 14, 2021 12:01 pm
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Hi Doug,

The fund begins trading under the Symbol BTCC this Thursday, February 18. There is a 1% MER fee and is intended to track Bitcoin through the purchase and holding of Bitcoin. No more complicated than that.

Mat

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Posted by Mathieu Litalien
Answered on February 14, 2021 7:56 am