Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCC – Get Free Report) dropped 0.6% on Friday . The company traded as low as C$16.09 and last traded at C$16.19. Approximately 220,602 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 311,005 shares. The stock had previously closed at C$16.29.
Purpose Bitcoin CAD ETF Currency Hedged Units Trading Down 0.6%
The stock has a 50-day moving average of C$16.52 and a 200 day moving average of C$19.24.
About Purpose Bitcoin CAD ETF Currency Hedged Units
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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