Purpose Bitcoin ETF (TSE:BTCC.B – Get Free Report) shares fell 4.6% during trading on Monday . The company traded as low as C$12.23 and last traded at C$12.34. 353,527 shares traded hands during trading, a decline of 26% from the average session volume of 479,667 shares. The stock had previously closed at C$12.94.
Purpose Bitcoin ETF Stock Down 4.6%
The business has a 50 day simple moving average of C$15.90 and a 200-day simple moving average of C$19.16.
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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