Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCC) Shares Up 0.1% – Still a Buy?

Shares of Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCCGet Free Report) shot up 0.1% during mid-day trading on Wednesday . The company traded as high as C$11.20 and last traded at C$11.12. Approximately 104,086 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 290,988 shares. The stock had previously closed at C$11.11.

Purpose Bitcoin CAD ETF Currency Hedged Units Stock Up 0.1%

The company’s fifty day simple moving average is C$11.12 and its 200 day simple moving average is C$12.36.

Purpose Bitcoin CAD ETF Currency Hedged Units Company Profile

(Get Free Report)

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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