First Bitcoin ETF In North America Reaches $1 Billion In Assets

First Bitcoin ETF In North America Reaches $1 Billion In Assets

After breaking trading records, the Purpose Bitcoin ETF has hit $1 billion in assets, signaling strong interest from the market.Purpose Investments Fund launched a bitcoin exchange-traded fund (ETF) earlier this year, the first-such product to receive regulatory approval in North America. Since then, it has demonstrated an incredible appetite for such a product, breaking records in its first few weeks and now accruing $1 billion in assets.“Less than two months after launching, the first North American Bitcoin ETF already reached $1 billion … in assets,” Bloomberg reported. “The product....


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