Purpose Bitcoin ETF (TSE:BTCC.B – Get Free Report) rose 5.3% during mid-day trading on Thursday . The company traded as high as C$15.63 and last traded at C$15.62. Approximately 168,877 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 282,156 shares. The stock had previously closed at C$14.84.
Purpose Bitcoin ETF Trading Down 2.0%
The stock’s 50-day simple moving average is C$13.05 and its 200-day simple moving average is C$13.42.
Purpose Bitcoin ETF Company Profile
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-cost alternative to a direct investment in Bitcoin.
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