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Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCC) Hits New 52-Week High - Time to Buy?

Purpose Bitcoin CAD ETF Currency Hedged Units logo with background

Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCC - Get Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as C$20.52 and last traded at C$20.52, with a volume of 191790 shares. The stock had previously closed at C$20.39.

Purpose Bitcoin CAD ETF Currency Hedged Units Stock Up 4.1%

The company's fifty day simple moving average is C$19.39 and its 200 day simple moving average is C$17.78.

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.

Further Reading

Should You Invest $1,000 in Purpose Bitcoin CAD ETF Currency Hedged Units Right Now?

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