Ninepoint Bitcoin ETF
(BITC:TSX)

Close

$16.14

Change

$0.23 (1.45%)

Open

$15.83

Day High

$16.14

Day Low

$15.83

Volume

2,327

As at 01-14-2022
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Ninepoint Bitcoin ETF

Compare to:

Inception Return
(01-27-2021)

41.93%

Assets ($mil)

-

NAVPS
(01-14-2022)

$16.14
$0.26 (1.62%)

MER

-

YTD Return

-

1 Yr Return

-

52 Week Low

$10.78

52 Week High

$25.57

Annual Dividend

-

Annual Yield

-

Index

-

Shares Outstanding

-

Registered Plan Eligible

Yes

CIFSC Category

Alternative Other

Share Class

Do-It-Yourself

Fund Details

Classification

Exchange Traded Fund

Legal Status

Trust

Sales Status

Capped

Currency

CAD

Start Date

January 27, 2021

Distribution Frequency

No Distribution

Investment Objectives

The Fund’s investment objectives are to seek to provide holders of Units (“Unitholders”) of the Fund with exposure to digital currency bitcoin (“Bitcoin”) through an institutional-quality platform that is cost-efficient to Unitholders and to provide a secure, simpler and exchange-traded investment alternative for buying and holding Bitcoin.

Investment Strategy

The Fund intends to achieve its investment objectives by investing directly in Bitcoin while using high quality service providers, including digital asset trading counterparties, trading platforms and custodians, and independent auditors, legal and valuation agents, in order to manage the assets of the Fund. By having in-house expertise, through Ninepoint’s recently formed Digital Asset Group, Ninepoint expects to offer a cost-efficient structure to Unitholders for ongoing management fees.

Portfolio Manager

Ninepoint Partners LP
01-22-2021

Fees

MER

-

Management Fee

-

ETF Characteristics

Exposure

-

Asset Class High

-

Asset Class Medium

-

Asset Class Low

-

Leveraged

-

Inverse

-

Advisor Series

-

Covered Call Strategy

No

Management and Organization

Fund Manager

Ninepoint Partners LP

Advisor

Ninepoint Partners LP

Custodian

Cidel Trust Company

Registrar

TSX Trust Company

Distributor

-

Auditor

KPMG LLP

As at December 31, 2021

Inception Return
(01-27-2021)

41.93%

YTD Return

-

NAVPS (01-14-2022)

$16.14

Best Month

37.89%

Worst Month

-37.09%

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