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Purpose Bitcoin CAD ETF Currency Hedged Units (TSE:BTCC) Reaches New 12-Month 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)'s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$20.52 and last traded at C$20.52, with a volume of 191790 shares trading hands. The stock had previously closed at C$20.39.

Purpose Bitcoin CAD ETF Currency Hedged Units Stock Performance

The firm has a 50-day moving average of C$19.26 and a 200 day moving average of C$17.74.

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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