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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BTCO.B assets under management is 11.42 M CAD. It's risen 1.04 K% over the last month.
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.
No, BTCO.B doesn't pay dividends to its holders.
BTCO.B shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on May 15, 2025, and its management style is Active.
BTCO.B follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BTCO.B trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.