PURPOSE BITCOIN ETFPURPOSE BITCOIN ETFPURPOSE BITCOIN ETF

PURPOSE BITCOIN ETF

No trades
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Key stats


Assets under management (AUM)
‪547.60 M‬USD
Fund flows (1Y)
‪−233.11 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
3.0%

About PURPOSE BITCOIN ETF


Issuer
Purpose Unlimited
Brand
Purpose
Expense ratio
1.53%
Inception date
Feb 18, 2021
Index tracked
Bitcoin Spot Price - XBT
Management style
Passive
The fund is the first ETF in the market that offers exposure to a portfolio of physically-held Bitcoin. This means that by holding this ETF, investors holds actual Bitcoin in their portfolio. The fund is designed as a buy-and-hold investment in hopes to provide investors with the opportunity for long-term capital appreciation. As such, the fund will not speculate with regard to short-term changes in Bitcoin prices. It also will not use derivatives instrument for non-hedging purposes. The fund may hold cash-like instruments or other money market instruments in order to meet its current obligations.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short CAD
Niche
In specie
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund100.02%
Cash−0.02%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.