CIO of Purpose Investments says the chaos around cryptocurrency is clearing
Bitcoin is back. After hitting more than US$65,000 in 2021, then sinking to near US$16,000 a year later, the price of BTC has shot back up this year. Greg Taylor is CIO of Purpose Investments , which runs Canada ’s largest bitcoin ETF, and he says the Wild West haze around the cryptocurrency sector is clearing—and that’s good for investors.Purpose launched the world’s first bitcoin ETF in February 2021, and the firm’s five cryptocurrency ETFs now hold about $2.6 billion. U.S.
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