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During its first two days of trading, the Purpose Bitcoin ETF saw almost US$400 million in shares change hands. On Tuesday, that amount dropped to US$17 million
Bitcoin Funds Fuel Near-Record Inflows to Canada ETF Sector Bloomberg 3/3/2021 © Bloomberg A customer uses a bitcoin automated teller machine (ATM) in a kiosk Barcelona. (Bloomberg) -- The launch of new Bitcoin exchange-traded funds helped Canadian ETF managers attract $5.2 billion in February, the second-highest month of inflows on record. Popular Searches Toronto-based Purpose Investments Inc. launched the first Bitcoin-backed exchange-traded fund in North America last month. Rival Evolve Funds Group Inc. followed with a similar fund that’s 25% cheaper. The funds, which are listed in...
A visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course's graph Chesnot/Getty Images T...
Inflows reached $6.6 billion in a month that saw 18 product launches