BTCC - purpose bitcoin etfhi everyone, this is a nice etf for bitcoin... the price movement is proportional to actual bitcoin price... the primary target is 3.59 if price of btc is around 17.5-18k... 4.00 or above if price of BTC jumps above 19k... at the moment the price is consolidating at the support level and move volum
Key stats
About PURPOSE BITCOIN ETF UNIT
Home page
Inception date
Feb 25, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
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
Geography
Global
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.