Purpose Bitcoin ETFPurpose Bitcoin ETFPurpose Bitcoin ETF

Purpose Bitcoin ETF

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Key stats


Assets under management (AUM)
‪648.52 M‬EUR
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
Shares outstanding
‪30.47 M‬
Expense ratio
1.50%

About Purpose Bitcoin ETF


Issuer
Purpose Unlimited
Brand
Purpose
Inception date
Feb 25, 2021
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
BTC/CAD Exchange Rate - CAD - Benchmark Price Return
Management style
Passive
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
ISIN
CA74642C1023
The fund is the first ETF in the market that offers exposure to a portfolio of physically-held Bitcoin. This means that by holding this ETF, investors holds actual Bitcoin in their portfolio. The fund is designed as a buy-and-hold investment in hopes to provide investors with the opportunity for long-term capital appreciation. As such, the fund will not speculate with regard to short-term changes in Bitcoin prices. It also will not use derivatives instrument for non-hedging purposes. The fund may hold cash-like instruments or other money market instruments in order to meet its current obligations.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short CAD
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


No, 9F33 doesn't pay dividends to its holders.
9F33 shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Feb 25, 2021, and its management style is Passive.
9F33 expense ratio is 1.50% meaning you'd have to pay 1.50% of your investment to help manage the fund.
9F33 follows the BTC/CAD Exchange Rate - CAD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.