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Today’s video is a quick discussion of the brand new Bitcoin (BTC) ETF, or exchange traded fund, that started trading on the Toronto Stock Exchange today.
It goes by the ticker symbol BTCC and is managed by Purpose Investments.
This is actually huge news, because BTCC allows investors to take a position in Bitcoin from within a Tax Free Savings Account, something that couldn’t be done until today! My overall conclusion is that, if you are already considering buying Bitcoin, this is a great option. I can’t tell you if now is a good time to buy in, though…
If you want to see the breakdown of how much money this new ETF can potentially save Bitcoin investors… watch the video 🙂
0:22 What is BTCC?
0:57 Why is BTCC a game changer?
1:33 How much can investors save?
3:00 Should you buy into BTCC?
Other videos on the Project E channel are about:
– Personal finance and investing
– Personal development & Philosophy