Investors flock to Purpose Bitcoin ETF 
Quick Take
- BlackRock’s recent filing for a spot Bitcoin ETF sparked a wave of interest among other institutions, prompting them to file for their own spot ETFs.
- The Purpose Bitcoin ETF (BTCC.B), a physically settled, cold-storage Bitcoin ETF listed on the Toronto Stock Exchange in Canada, also witnessed a renewed interest and resurgence.
- The ETF’s current holdings of Bitcoin now stand at 24,705 BTC, marking a year-to-date high.
- This upward trend is encouraging for investors, as it indicates a potential resurgence in investor confidence and a renewed interest in purchasing Bitcoin through exchange-traded products.
| Date | Purpose Bitcoin ETF Holdings(BTC) |
|---|---|
| 26 June 2023 | 24705 |
| 23 June 2023 | 23649 |
| 22 June 2023 | 23360 |
| 21 June 2023 | 23189 |
| 20 June 2023 | 22961 |
| 19 June 2023 | 22909 |
| 16 June 2023 | 22903 |
| 15 June 2023 | 22851 |
| 14 June 2023 | 22740 |
| 13 June 2023 | 22740 |
| 12 June 2023 | 22751 |
| 09 June 2023 | 22757 |
| 08 June 2023 | 22772 |
| 07 June 2023 | 22769 |
| 06 June 2023 | 22777 |
| 05 June 2023 | 22705 |
| 02 June 2023 | 22677 |
| 01 June 2023 | 22719 |
Purpose BTC ETC Bitcoin Reserves
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
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