Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCC) Stock Price Down 1.4% – Should You Sell?

Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCCGet Free Report) dropped 1.4% during trading on Thursday . The company traded as low as C$15.20 and last traded at C$15.23. Approximately 605,680 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 483,622 shares. The stock had previously closed at C$15.44.

Purpose Bitcoin CAD ETF Currency Hedged Units Trading Up 3.7%

The stock’s fifty day moving average is C$17.72 and its two-hundred day moving average is C$19.59.

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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