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What is the specific name given to the Bitcoin ETF?

avatarRudra PDec 29, 2021 · 3 years ago3 answers

What is the specific name given to the Bitcoin Exchange Traded Fund (ETF)? I am curious to know the official name of the ETF that tracks the price of Bitcoin.

What is the specific name given to the Bitcoin ETF?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The specific name given to the Bitcoin ETF is the Purpose Bitcoin ETF. It is the first Bitcoin ETF approved by the Ontario Securities Commission (OSC) in Canada. The Purpose Bitcoin ETF allows investors to gain exposure to the price of Bitcoin without directly owning the cryptocurrency. It is traded on the Toronto Stock Exchange under the ticker symbol BTCC.B.
  • avatarDec 29, 2021 · 3 years ago
    The Bitcoin ETF is officially known as the Purpose Bitcoin ETF. This ETF provides investors with a convenient way to invest in Bitcoin without having to buy and store the cryptocurrency themselves. It is a regulated investment vehicle that trades on the Toronto Stock Exchange.
  • avatarDec 29, 2021 · 3 years ago
    The specific name given to the Bitcoin ETF is the Purpose Bitcoin ETF. It is a popular investment option for those who want exposure to Bitcoin without the complexities of owning and storing the cryptocurrency. The Purpose Bitcoin ETF is traded on the Toronto Stock Exchange and has gained significant attention in the cryptocurrency community.