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TORONTO – May 12, 2021 (Investorideas.com Newswire) Purpose Investments Inc. (“Purpose”) is pleased to announce that TMX Group is today listing options related to the Purpose Ether ETF (“the ETF “) will begin. The list of options consolidates the position of the Purpose Ether ETF as the leading Ether ETF instrument for both institutions and private investors. Purpose is also the manager of the world’s first physically settled Bitcoin ETF, Purpose Bitcoin ETF (BTCC), which has over $ 1.3 billion in assets under management (“AUM”). Purpose also lists options for Purpose Bitcoin ETF, which gives investors more opportunities to get exposure to Bitcoin.

“This is great news for investors and a strong display of innovation in motion,” said Som Seif, Founder and CEO of Purpose Investments. “It’s only been three weeks since we launched the Purpose Ether ETF, and we’re already seeing the options trading infrastructure set up by the TMX Group. Our goal is to keep getting cryptocurrency into the mainstream by Ether is made more accessible to investors, just like Bitcoin. “

The initial option plan and exercise prices are as follows:

The Purpose Ether ETF was launched on April 20, 2021 and has already attracted around $ 161.6 million in assets from retail and institutional investors. The ETF is available in Canadian dollar shares (TSX: ETHH and TSX: ETHH.B) and US dollar shares (TSX: ETHH.U). Further information on the ETF can be found at https://www.purposeinvest.com/funds/purpose-ether-etf

About Purpose Investments Inc.

Purpose is an asset management company with more than $ 11 billion in assets under management. Purpose is a relentless focus on customer-centric innovation and offers a range of managed and quantitative investment products. Purpose is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent, technology-driven financial services platform that is transforming the industry by linking and creating opportunities between wealth management, wealth management and small business financial services.

For further information please contact:

Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257

Commissions, subsequent commissions, management fees and expenses may be associated with investments in mutual funds. Please read the prospectus and other disclosure documents before investing. Mutual funds are not covered by Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no guarantee that all of your investment in any Fund will be returned to you. If the securities are bought or sold on a stock exchange, you may pay more or receive less than the current net asset value. Mutual funds are not guaranteed, their values ​​change frequently, and past performance may not be repeated.

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