Purpose Bitcoin Yield (CAD Non-Currency Hedged) 

The Purpose Bitcoin Yield ETF - CAD ETF Non-Currency Hedged Units is an exchange-traded fund based in Canada, under the management of Purpose Investments. Its primary goal is to generate consistent monthly payouts for its unitholders, alongside fostering long-term capital appreciation. This is achieved chiefly by securing exposure to Bitcoin using derivative instruments like options and forward contracts. Notably, the fund maintains an unhedged position relative to the Canadian dollar. It deploys capital through a combination of other funds and derivatives, aiming to track Bitcoin's performance while indirectly mitigating currency-related risks.