Purpose Bitcoin ETF (TSE:BTCC.B – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$23.86 and last traded at C$23.83, with a volume of 158267 shares traded. The stock had previously closed at C$23.68.
Purpose Bitcoin ETF Stock Performance
The company’s 50-day moving average price is C$22.24 and its 200-day moving average price is C$20.49.
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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