What's Next for Bitcoin as World's First ETF Breaks $1B Mark
What’s Next for Bitcoin as World’s First ETF Breaks $1B Mark The Purpose Bitcoin ETF (TSX: BTCC), the first North American Bitcoin ETF, has hit the $1 billion USD (C1.25 billion) mark in assets in less than two months since launch, according to a statement from the fund’s issuer. BTCC is the world’s first physically-backed Bitcoin ETF. The ETF invests directly in physically settled Bitcoins, not derivatives, allowing investors exposure to the crypto asset without the risk and hassle of self-custody. “When we launched Purpose Bitcoin ETF, we knew we were filling a void in the market...