Purpose Bitcoin ETF (TSE:BTCC.B – Get Free Report) shares shot up 5.3% during mid-day trading on Thursday . The stock traded as high as C$15.63 and last traded at C$15.62. 168,877 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 282,156 shares. The stock had previously closed at C$14.84.
Purpose Bitcoin ETF Price Performance
The business has a 50 day simple moving average of C$12.98 and a 200 day simple moving average of C$13.40.
About Purpose Bitcoin ETF
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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