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The Breakdown With NLW Episode

The First Canadian Bitcoin ETF Is Absolutely Soaring

The Purpose Bitcoin ETF BTCC could be Canada’s biggest ETF in a matter of weeks.
The Breakdown With NLW Episode
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The Purpose Bitcoin ETF BTCC could be Canada’s biggest ETF in a matter of weeks.

This episode is sponsored by Nexo.io.

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Today on the Brief:

  • Welcome back to the price roller coaster
  • The latest from China’s digital yuan trial
  • A 3-week sprint to a stimulus package

Our main discussion: Canada’s first bitcoin exchange-traded fund.

NLW discusses:

  • ETF 101
  • Pros and cons of a bitcoin ETF
  • History of bitcoin ETF proposals
  • Early performance for Canada’s BTCC ETF
  • Implications for a U.S. BTC ETF in 2021

See also: Canada’s First Bitcoin ETF Hits $421.8M AUM in Two Days

Image credit: syahrir maulana/iStock/Getty Images Plus

The First Canadian Bitcoin ETF Is Absolutely Soaring