TORONTO, Nov. 28, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today that it will proceed with changing the investment objectives for Purpose Bitcoin Yield ETF (TSX: BTCY) and Purpose Ether Yield ETF (TSX: ETHY) to permit the use of leverage through cash borrowing of up to 33% of the respective fund’s unlevered net asset value, after receiving approval for such change at an adjourned meeting of unitholders of each fund held on October 31, 2025. The change of investment objectives for each fund is expected to take place in early December, 2025.
Purpose Investments additionally announced today that it will begin staking the Ether in the portfolio of Purpose Ether ETF (TSX: ETHH) on or about December 5, 2025 enabling the fund to earn additional yield through Ethereum’s proof-of-stake mechanism. This initiative reflects Purpose’s commitment to innovation and delivering enhanced value for investors. In connection with the commencement of staking, Purpose will begin to charge a fee (the “Staking Service Fee”) to Purpose Ether ETF. The implementation of the Staking Service Fee was approved by unitholders of Purpose Ether ETF at an adjourned meeting of unitholders of the fund held on October 31, 2025.
About Purpose Investments
Purpose Investments is an asset management company with approximately $27 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.
For further information, please email us at [email protected]
Media inquiries:
Keera Hart
[email protected]
905-580-1257
Commissions, trailing commissions, management fees, and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Copies of the prospectus can be obtained from purposeinvest.com. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated. Fund distributions and their frequency are not guaranteed and may vary at the sole discretion of Purpose Investments.
Certain statements in this document may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.
