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Debut Canadian Bitcoin ETF nears $100 million in volume in first few hours of trading

CryptocurrencyFeb 18, 2021 04:40PM ET
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Debut Canadian Bitcoin ETF nears $100 million in volume in first few hours of trading

The first Bitcoin ETF in North America, TSX’s Purpose Bitcoin ETF, had a gangbuster debut today, trading nearly $100 million in volume.

A Bloomberg Law report noted that the ETF saw over $80 million in volume in the first hour of trading, though it’s since slowed significantly with roughly another $15 million in volume between BCTCC.B, the Canadian dollar-denominated units, and BTCC.U, the American dollar-denominated ticker. As of publication, BTCC.B has traded 7,905,000 units priced at $10.28, and BTCC.U 1,312,000 units at $10.27, per the TSX.

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Debut Canadian Bitcoin ETF nears $100 million in volume in first few hours of trading
 

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