- TMX Group will begin listing options around Purpose’s Bitcoin ETF (BTCC) today on the Montréal Exchange
- Options contracts are available for the Canadian dollar-denominated version of the ETF from March to December at a variety of strike prices
- Purpose Bitcoin ETF launched February 18, 2021 and has attracted more than C$500 million of investor capital
- Purpose is an asset management company with more than C$10 billion in assets under management
- The Purpose Bitcoin ETF (BTCC) in Canadian dollar units is down 10.42 per cent and is currently trading at C$9.11 per share
TMX Group will begin listing options around Purpose’s Bitcoin ETF (BTCC) today on the Montréal Exchange.
Som Seif, founder and CEO of Purpose Investments, commented, “This is great news for investors and a powerful display of innovation in motion. In less than a week’s time from when we launched Purpose Bitcoin ETF, we’re already seeing the infrastructure for options trading put into place by the TMX Group.”
“Not only does this provide investors with more ways to gain exposure to Bitcoin,” he added, “it also really cements the idea that Purpose Bitcoin ETF is the premier tracker of cryptocurrency in North America.”
Options contracts are available for the Canadian dollar-denominated version of the ETF from March to December at a variety of strike prices.
Purpose Bitcoin ETF launched February 18, 2021 and has attracted more than C$500 million of investor capital. The ETF is available in Canadian dollar-denominated units (BTCC.B) and US dollar-denominated units (BTCC.U).
Purpose is an asset management company with more than C$10 billion in assets under management. It has an unrelenting focus on client-centric innovation, offering a range of managed and quantitative investment products.
The Purpose Bitcoin ETF (BTCC) in Canadian dollar units is down 10.42 per cent and is currently trading at C$9.11 per share as of 12:36 pm EST.