Shares of Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCC – Get Free Report) traded down 4.8% during mid-day trading on Monday . The stock traded as low as C$11.40 and last traded at C$11.49. 430,269 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 440,212 shares. The stock had previously closed at C$12.07.
Purpose Bitcoin CAD ETF Currency Hedged Units Stock Performance
The stock has a 50 day simple moving average of C$14.86 and a 200 day simple moving average of C$17.80.
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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