Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCC) Trading Down 2.1% – What’s Next?

Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCCGet Free Report)’s stock price dropped 2.1% during mid-day trading on Friday . The stock traded as low as C$19.78 and last traded at C$19.91. Approximately 643,149 shares were traded during mid-day trading, an increase of 5% from the average daily volume of 612,357 shares. The stock had previously closed at C$20.34.

Purpose Bitcoin CAD ETF Currency Hedged Units Stock Down 2.1%

The firm has a fifty day simple moving average of C$16.81 and a 200-day simple moving average of C$17.33.

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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