Purpose Bitcoin ETF (TSE:BTCC.B – Get Free Report)’s stock price rose 3.3% during trading on Tuesday . The company traded as high as C$18.31 and last traded at C$18.31. Approximately 381,016 shares changed hands during trading, an increase of 24% from the average daily volume of 306,378 shares. The stock had previously closed at C$17.72.
Purpose Bitcoin ETF Stock Performance
The business has a 50 day moving average of C$17.76 and a 200 day moving average of C$20.60.
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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