Purpose Bitcoin ETF surpasses $400 million in assets under management
Purpose Investments' bitcoin exchange-traded fund debuted on Thursday and has since accrued more than $400 million in assets under management (AUM).
The figure, according to Purpose's website, highlights the rapid pace at which the ETF has taken hold since it began trading on the Toronto Stock Exchange. The AUM figure was first reported by Bloomberg's Eric Balchunas.
