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Bloomberg Analyst Predicts Purpose's BTCC Will Reach $1 Billion In AUM By Friday
Summary: Bloomberg's senior ETF analyst Eric Balchunas tweeted that Purpose Investments' Bitcoin ETF (BTCC) could reach $1 billion in asset management (AUM) by Friday. The AUM of BTCC exceeded $400 million in two trading days after it is listed on the Toronto Stock Exchange. Balchunas also predicts that unless there is a sell-off, BTCC may surpass ...
Bloomberg's senior ETF analyst Eric Balchunas tweeted that Purpose Investments' Bitcoin ETF (BTCC) could reach $1 billion in asset management (AUM) by Friday.
The AUM of BTCC exceeded $400 million in two trading days after it is listed on the Toronto Stock Exchange.
Balchunas also predicts that unless there is a sell-off, BTCC may surpass all other ETFs in Canada within two months.
By Mary Liu
Last Update:
Tags: Bitcoin,Bitcoin ETF,BTCC,Purpose Investments,Toronto Stock Exchange
Link: Bloomberg Analyst Predicts Purpose's BTCC Will Reach $1 Billion In AUM By Friday [Copy]
Tags: Bitcoin,Bitcoin ETF,BTCC,Purpose Investments,Toronto Stock Exchange
Link: Bloomberg Analyst Predicts Purpose's BTCC Will Reach $1 Billion In AUM By Friday [Copy]
