Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCC) Shares Up 0.9% – Here’s Why

Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCCGet Free Report)’s share price shot up 0.9% on Wednesday . The company traded as high as C$20.45 and last traded at C$20.34. 215,125 shares were traded during trading, a decline of 60% from the average session volume of 531,225 shares. The stock had previously closed at C$20.16.

Purpose Bitcoin CAD ETF Currency Hedged Units Trading Up 0.9%

The business’s 50-day moving average is C$20.71 and its two-hundred day moving average is C$18.43.

Purpose Bitcoin CAD ETF Currency Hedged Units Company Profile

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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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