{"id":44249,"date":"2021-06-14T10:15:13","date_gmt":"2021-06-14T07:15:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44249"},"modified":"2025-08-31T16:07:18","modified_gmt":"2025-08-31T13:07:18","slug":"canadian-bitcoin-etf-expands-positions-amid-market-correction","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/canadian-bitcoin-etf-expands-positions-amid-market-correction\/","title":{"rendered":"Canadian Bitcoin ETF expands positions amid market correction"},"content":{"rendered":"<p>Since May 15, a Canadian exchange-traded fund (ETF) based on Bitcoin from Purpose Investments has bought about 2,000 BTC amid a market correction.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"475\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-06-14-v-09.37.50-1024x475.png\" alt=\"Canadian Bitcoin ETF expands positions amid market correction\" class=\"wp-image-138808\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-06-14-v-09.37.50-1024x475.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-06-14-v-09.37.50-300x139.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-06-14-v-09.37.50-768x356.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-06-14-v-09.37.50-1536x713.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-06-14-v-09.37.50-2048x950.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Position dynamics of the Purpose Bitcoin ETF. Data: <a href=\"https:\/\/www.bybt.com\/etf\">Bybt<\/a>.<\/figcaption><\/figure>\n<p>According to Bybt, since the <a href=\"https:\/\/u1f987.com\/en\/news\/canada-registers-bitcoin-etf-ahead-of-the-united-states\">launch<\/a> of the Purpose Bitcoin ETF in February 2021, the amount of Bitcoin under the fund&#8217;s management has reached 19,692 BTC.<\/p>\n<p>According to journalist Colin Wu, in the last seven days the Purpose Bitcoin ETF acquired 284.51 BTC.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">According to bybt data, Purpose\u2019s Bitcoin ETF has accumulated 19,692.149 BTC as of June 13 and has increased its holdings by 284.51 BTC in the past 7 days, and has increased its holdings by nearly 2000 BTC since May 15. <a href=\"https:\/\/t.co\/nNwIH9pVws\">https:\/\/t.co\/nNwIH9pVws<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1404295006198939652?ref_src=twsrc%5Etfw\">June 14, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, Santiment analysts found that whales <a href=\"https:\/\/u1f987.com\/en\/news\/whales-boost-positions-amid-bitcoin-correction\">had increased positions in the first cryptocurrency<\/a> amid the market correction. Among them are ETFs managed by Purpose Investments.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 crypto news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since May 15, a Canadian ETF tracking Bitcoin from Purpose Investments has bought about 2,000 BTC amid a market correction.<\/p>\n","protected":false},"author":1,"featured_media":44250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,771,1211],"class_list":["post-44249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-canada","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44249"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44249\/revisions"}],"predecessor-version":[{"id":44251,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44249\/revisions\/44251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44250"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}