Shares of Purpose Bitcoin ETF (TSE:BTCC.B – Get Free Report) dropped 0.1% during trading on Thursday . The stock traded as low as C$12.15 and last traded at C$12.24. Approximately 78,537 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 289,392 shares. The stock had previously closed at C$12.25.
Purpose Bitcoin ETF Stock Down 0.1%
The firm has a fifty day moving average price of C$12.38 and a 200-day moving average price of C$13.41.
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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