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Purpose Bitcoin Yield ETF
BTCY (Purpose Bitcoin Yield ETF) is a Crypto ETF by Purpose. With a 1.10% MER, it provides diversified exposure. Monthly distribution with a 17.50% yield.
BTCY is an ETF offered by Purpose.
Its 1.10% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 17.50% yield, making it attractive for income-seeking investors.
This ETF provides access to digital assets through a traditional brokerage account (TFSA, RRSP). Given its high volatility, it is best used as a satellite position in a diversified portfolio.