Tag: purpose investments

May 12 2022

Bitcoin ETFs Launch In Australia As Market Goes Red

Two new bitcoin ETFs launched today in Australia, a spot bitcoin fund directly acquiring bitcoin and a de-facto fund of funds.Australian bitcoin ETFs went live on Thursday.Both a spot bitcoin fund, the country’s first, and a fund of funds launched on the Australian Cboe.The launch was a timid one amid a broader market sell-off.Two bitcoin exchange-traded funds (ETFs) started...

Apr 19 2022

First Bitcoin ETF On Australia’s ASX To List Next Week: Report

The Australian fund would invest in shares of Canada’s first bitcoin spot ETF, launched by Purpose Investments in early 2021.Australia’s first bitcoin ETF on the ASX is reportedly set to list next week.Cosmos Asset Management’s product would invest in Canada’s Purpose Bitcoin ETF, North America’s first bitcoin spot ETF that went live last year.The approval is set to come on...

Apr 15 2021

First Bitcoin ETF In North America Reaches $1 Billion In Assets

After breaking trading records, the Purpose Bitcoin ETF has hit $1 billion in assets, signaling strong interest from the market.Purpose Investments Fund launched a bitcoin exchange-traded fund (ETF) earlier this year, the first- such product to receive regulatory approval in North America. Since...

Feb 22 2021

First-Ever North American Bitcoin ETF Breaks Records In Opening Week

The first bitcoin exchange-traded fund (ETF) to receive regulatory approval in North America has already demonstrated the market’s huge appetite for such a product. The Purpose Bitcoin ETF (ticker: BTCC), brought to market by Purpose Investments earlier this week, traded $80 million worth of shares...

First-Ever North American Bitcoin ETF Breaks Records In Opening Week

The Purpose Bitcoin ETF, the first approved BTC ETF in North America, has broken investment records in its first few days on the market.While many see tensions between the...

Feb 12 2021

Canadian Securities Regulators Approve North America’s First Bitcoin ETF

Canadian securities regulators have approved the world’s first “direct- custody” bitcoin exchange-traded fund (ETF) to be launched by Purpose Investment, according to a press release shared with Bitcoin Magazine. While this is the world’s first investment vehicle calling itself a bitcoin ETF, there are already some European investment products that are physically-backed by bitcoin and work virtually the same. But this is the...

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