Purpose Bitcoin ETF (TSE:BTCC.B – Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as C$11.65 and last traded at C$11.65, with a volume of 251383 shares changing hands. The stock had previously closed at C$12.30.
Purpose Bitcoin ETF Trading Down 4.8%
The company’s 50-day moving average is C$14.22 and its two-hundred day moving average is C$15.17.
About Purpose Bitcoin ETF
Purpose Bitcoin ETF (the Fund) seeks to buy and hold substantially all of its assets in the digital currency Bitcoin and seeks to provide unitholders of ETF units with the opportunity for long-term capital appreciation. To achieve its investment objective, the Fund invests in and holds substantially all of its assets in Bitcoin in order to provide unitholders with a secure, convenient, lower-cost alternative to a direct investment in Bitcoin.
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