Purpose Investments Files to List 3 More Crypto ETFs in Canada
Purpose Investments has filed to list three further cryptocurrency exchange-traded funds with the Canadian securities regulators.The proposals for the three actively-managed funds – dubbed Purpose Crypto Opportunities ETF, Purpose Bitcoin Yield ETF, and Purpose Ether Yield ETF – was announced on Wednesday following the launch of the asset manager’s bitcoin and ether ETFs earlier this year.The Crypto Opportunities ETF aims to invest in companies with exposure to digital assets, akin to that filed by Evolve Funds with the Ontario Securities Commission in August.The Bitcoin Yield and Ether Yield ETFs meanwhile will aim to offer investors monthly yield by implementing a…