Purpose investments ethereum etf
Toronto, Ontario, CANADA TORONTO, April 20, GLOBE NEWSWIRE -- Purpose Investments Inc. The Canadian dollar denominated ETF currency-hedged unit, non-currency hedged units and U. B and ETHH. U, respectively. Purpose believes the ETF represents the simplest, most efficient and most affordable way for investors to gain direct exposure to the digital currency with the convenience of eligibility in any investment account.
The prospectus contains important detailed information about the investment fund. Please read the prospectus before investing. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions.
Due to its elegant exchange-traded fund structure, the ETF aims to efficiently and accurately reflect the price of Ether without premiums or discounts to net asset value NAVunlike the existing closed-end funds currently offered in the market. Ethereum is more like an operating system, it can be more easily programmed, allowing for many applications.
In addition to the ETF, Purpose has launched a cryptocurrency content hub to give investors the knowledge and tools to understand this emerging asset class. About Purpose Investments Inc. Purpose has an unrelenting focus on client-centric innovation, offering a range of managed and quantitative investment products.
TORONTO, April 12, GLOBE NEWSWIRE -- Purpose Investments Inc. The name change will be effective on or around April 14, Overall, the Fund is focused on the energy transition toward net zero and not exclusively on the clean energy segment.