The fund was launched by Purpose Investments back in mid-February 2021, and it was the first ETF in the world back by a physically settled BTC. It started trading on the Toronto Stock Exchange on Feb. 18.
On Nov. 30, Purpose Investments also announced the launch of Purpose Bitcoin Yield ETF, Purpose Ether Yield ETF, as well as Purpose Crypto Opportunities ETF.As reported by U.Today a few days ago, business intelligence software giant MicroStrategy purchased another Bitcoin portion, addingIn late December, MicroStrategy bought $94.2 million worth of Bitcoin. As of now, the company owns 125,051 BTC, equal to nearly $5 billion.
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