TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose Investments” or “Purpose”) today announced the filing of a preliminary simplified prospectus and annual information form with the Canadian securities regulators in connection with the proposed launch of the world’s first actively managed cryptocurrency ETFs: Purpose Crypto Opportunities ETF, Purpose Bitcoin Yield ETF, and Purpose Ether Yield ETF (collectively, the “Cryptocurrency ETFs”). The filing follows Purpose’s la
Canadian regulators earlier this year approved ETFs that hold bitcoin directly, and they can be bought with U.S. dollars.
Predicting the future price of this volatile asset is nearly impossible, but I believe US$100,000 could be within reach shortly. Here’s why. The post Is US$100K Bitcoin Inevitable? appeared first on The Motley Fool Canada.