Options Trading to Begin for Purpose Ether ETF
10 Maio 2021 - 1:50PM
Purpose Investments Inc. (“Purpose”) is thrilled to announce the
TMX Group will begin listing options around Purpose Ether ETF (“the
ETF”) today on the Montréal Exchange. The listing of options
solidifies Purpose Ether ETF’s position as the leading Ether ETF
vehicle for both institutions and retail investors. Purpose is also
the manager of the world’s first physically settled Bitcoin ETF,
the Purpose Bitcoin ETF (BTCC), which has over $1.3 billion in
assets under management (“AUM”). Purpose also lists options for
Purpose Bitcoin ETF, providing investors with more ways to gain
exposure to Bitcoin.
“This is great news for investors and a powerful
display of innovation in motion,” said Som Seif, founder and CEO of
Purpose Investments. “It’s been less than three weeks since we
launched Purpose Ether ETF, and we’re already seeing the
infrastructure for options trading put into place by the TMX Group.
Our goal is to continue to bring cryptocurrency into the mainstream
by making Ether more accessible to investors, just as we did with
Bitcoin.”
The initial options schedule and strike prices
are as follows:
New Classes |
Company Name |
Underlying ETF |
Options Symbol |
Months |
Strike Prices |
Purpose Ether ETF (non-FX hedged) |
ETHH.B |
ETHH |
MayJuneJulyAugustSeptemberDecember |
14, 14.5, 15, 15.5, 16, 16.5, 17, 17.5, 1814, 14.5, 15, 15.5, 16,
16.5, 17, 17.5, 1814, 14.5, 15, 15.5, 16, 16.5, 17, 17.5, 1814,
14.5, 15, 15.5, 16, 16.5, 17, 17.5, 1812, 14, 15, 16, 17, 18, 2012,
14, 15, 16, 17, 18, 20 |
Purpose Ether ETF launched April 20, 2021, and
has already attracted approximately $122.4 million in assets from
retail and institutional investors. The ETF is available in
Canadian dollar-denominated units (TSX: ETHH and TSX:ETHH.B) and
U.S. dollar-denominated units (TSX: ETHH.U). To learn more about
the ETF, please visit
https://www.purposeinvest.com/funds/purpose-ether-etf
About Purpose Investments
Inc.
Purpose is an asset management company with more
than $11 billion in assets under management. Purpose has an
unrelenting focus on client-centric innovation, offering a range of
managed and quantitative investment products. Purpose is led by
well-known entrepreneur Som Seif and is a division of Purpose
Financial, an independent, technology-driven financial services
platform which is reshaping the industry by connecting and creating
opportunities across asset management, wealth management and small
business financial services.
For further information please contact:Keera
HartKeera.Hart@kaiserpartners.com 905-580-1257
Commissions, trailing commissions, management
fees and expenses all may be associated with investment fund
investments. Please read the prospectus and other disclosure
documents before investing. Investment funds are not covered by the
Canada Deposit Insurance Corporation or any other government
deposit insurer. There can be no assurance that the full amount of
your investment in a fund will be returned to you. If the
securities are purchased or sold on a stock exchange, you may pay
more or receive less than the current net asset value. Investment
funds are not guaranteed, their values change frequently and past
performance may not be repeated.
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