Key stats
About PURPOSE CORE BITCOIN UNITS NON-CURRENCY HEDGED ETF CAD
Home page
Inception date
May 15, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Purpose Investments, Inc.
The fund aims to provide a secure, cost-effective, and convenient exposure to Bitcoin (BTC), avoiding the complexities of direct investment. Bitcoin is the first and most decentralized cryptocurrency, launched in 2009, maintained by thousands of nodes worldwide, with no central authority controlling the network. The knock-on effect of buying into the fund is the potential financial reward and supports network operability. The strategy integrates responsible investing (RI) data to enhance risk-adjusted returns without setting ESG-related targets or exclusions. Investments may include cash, cash equivalents, or other money market instruments. The fund does not hedge its US-dollar exposure back to Canadian dollars. The fund is a buy-and-hold ETF and does not engage in short-term speculation or non-hedging derivatives. It plans limited short-term borrowing for Solana purchases under NI 81-102 rules.
Classification
Geography
Global
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
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BTCO.B trades at 19.85 CAD today, its price has risen 2.80% in the past 24 hours. Track more dynamics on BTCO.B price chart.
BTCO.B net asset value is 19.27 today — it's fallen 2.95% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BTCO.B assets under management is 11.42 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BTCO.B fund flows account for 10.71 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, BTCO.B isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, BTCO.B doesn't pay dividends to its holders.
BTCO.B trades at a premium (0.22%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BTCO.B shares are issued by Purpose Unlimited
BTCO.B follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 15, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.