Purpose Investments Marks One-Year Anniversary of World’s First Bitcoin ETF and Its Immediate Plans for New DeFi and Crypto Innovations

TORONTO, Feb. 18, 2022 (GLOBE NEWSWIRE) -- One year ago today, Purpose Investments Inc. (“Purpose”) made history by launching Purpose Bitcoin ETF (TSX ticker: BTCC), the world’s first Bitcoin ETF backed by physically settled Bitcoin. In only one month after its launch, the exchange-traded fund amassed $1 billion of assets under management (“AUM”), making it one of the fastest-growing ETFs of all-time and demonstrating the large demand for an easy and secure way to get exposure to Bitcoin. Today BTCC, which has over $1.6 billion of AUM, is an industry favourite for retail investors and institutions alike worldwide.

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