Even though Canada is the first country to approve a Bitcoin ETF in North America, the Toronto Stock Exchange is a public stock market which means investors from anywhere in the world will be able to purchase shares of BTCC.
What is BTCC ETF?
BTCC ETF allocates 100% of its funds in “physically settled” Bitcoin. It means that Purpose Bitcoin ETF holds no other assets besides Bitcoin. Holding BTCC worth a certain price in your investment portfolio is the equivalent of holding the same number of Bitcoin units that you would get if you purchased the commodity. As of October 10, 2023:
Is BTCC a good investment?
BTCC will allow retail investors to invest in Bitcoin without having to purchase and store the digital currency themselves. When you buy the ETF, Purpose Investments purchases Bitcoin with your money. By holding the ETF, you essentially hold actual Bitcoin in your portfolio. Is BTCC Safe to Buy?
