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Topic: Canadian Bitcoin ETFs (Read 111 times)

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Activity: 224
Merit: 36
February 19, 2021, 11:58:07 AM
#1
The new Canadian Bitcoin ETFs are already smashing it...

Evolve (EBIT) debut today:

https://money.tmx.com/en/quote/ebit

Purpose (BTCC.U) started trading 2 days ago:

https://money.tmx.com/en/quote/BTCC.U

I think these are the first mainstream products for small retail investors that hold Bitcoin directly. A bit like Grayscale for smaller guys.

More news...

The North American Purpose Bitcoin ETF launch on Thursday saw massive demand, as more than $165 million in trade volume was recorded. In fact, the exchange-traded fund listed on the Toronto Stock Exchange (TSX) saw it’s first $80 million swapped during the first hour of trading sessions.

https://news.bitcoin.com/north-american-bitcoin-etfs-first-trading-day-captures-165m-in-volume/
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