Purpose Bitcoin ETF - Class A (ABTC)
Spot Bitcoin ETF (Class A units) listed on the Toronto Stock Exchange – physically-backed direct exposure to Bitcoin from Purpose Investments.
Key Facts
| Issuer | Purpose Investments |
|---|---|
| Ticker | ABTC (TSX – Toronto Stock Exchange, Class A) |
| Expense Ratio | 1.00% (management fee) |
| Approx. AUM | $1.8B CAD (Purpose Bitcoin ETF family) |
| Custodian | Gemini Trust Company (cold storage) |
| Inception | February 18, 2021 |
| Official Site | Purpose ABTC/BTCC Page |
Composition / Holdings
ABTC is 100% physically-backed spot Bitcoin (no derivatives or futures).
| Asset | Percentage | Description |
|---|---|---|
| Bitcoin (BTC) | 100% | Physically-backed spot Bitcoin held in cold storage by Gemini Trust Company |
No leverage, futures, or other assets. Direct 1:1 exposure to Bitcoin price (less fees).
Net Inflows & Outflows
Historical daily/weekly net flows showing investor demand for ABTC/BTCC in Canada.
Performance Overview
NAV tracking and returns vs. Bitcoin spot price (historical).
ESG & Sustainability Metrics
Estimated ESG ratings and carbon footprint (where applicable for crypto ETFs).
Pros
- Physically-backed spot Bitcoin with institutional-grade custody (Gemini)
- Direct 1:1 exposure to Bitcoin price (no derivatives)
- Strong liquidity and track record as one of Canada's oldest spot BTC ETFs
- Easy access for Canadian investors via TSX
Cons
- Higher expense ratio compared to U.S. spot ETFs
- Full exposure to Bitcoin price volatility
- No direct Bitcoin ownership or withdrawal option
- CAD denominated (currency risk for non-CAD investors)
How to Buy ABTC
Available on major Canadian brokers (e.g., Wealthsimple, Questrade, RBC Direct Investing, TD Direct Investing, etc.). Search ticker ABTC (Class A units of Purpose Bitcoin ETF).
Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Data approximate and subject to change; always verify with official sources.