TORONTO, Nov. 28, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today that it will continue to change the investment objectives of the Purpose Bitcoin Yield ETF (TSX: BTCY) and the Purpose Ether Yield ETF (TSX: ETHY) to allow the use of leverage by borrowing funds of up to 33% of the net asset value of the applicable non-leveraged fund, subject to approval of such change at each fund's rescheduled unitholder meeting on October 31, 2025. The change in investment objectives of each fund is expected to occur in early December 2025.
Purpose Investments additionally announced today that it will begin allocating Ether into the Purpose Ether ETF (TSX: ETHH) portfolio on or about December 5, 2025, allowing the fund to generate additional income through Ethereum's proof-of-stake mechanism. This initiative reflects Purpose's commitment to innovation and delivering value to investors. Purpose will begin charging commissions as soon as betting begins (“Fee for betting service» in Purpose Ether ETF. The introduction of the betting fee was approved by Purpose Ether ETF unitholders at the fund's rescheduled unitholder meeting held on October 31, 2025.
About targeted investments
Purpose Investments is an asset management company with approximately $27 billion in assets under management. Purpose Investments has a continued focus on client-focused innovation and offers a wide range of managed and quantitative investment products. Purpose Investments is led by renowned entrepreneur Som Seif and is a division of Purpose Unlimited, an independent financial services technology company.
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Commissions, trailing commissions, management fees and expenses may be associated with investments in mutual funds. Please read the prospectus and other disclosure documents before investing. Copies of the prospectus can be obtained from Celinvest.com. There can be no guarantee that you will be returned the full amount of your investment in a fund. If securities are bought or sold on an 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 results may not be repeated. Distributions and distribution frequency are not guaranteed and may vary at the discretion of Target Investments.
Certain statements in this document may be forward-looking statements. Forward-looking statements (“FLS”) are statements that are forward-looking in nature, depend on or relate to future events or conditions, or include words such as “may,” “will,” “should,” “could,” “anticipate,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that predict the future or involve anything other than historical information are subject to risks and uncertainties, and actual results, actions or events may differ materially from those set forth in the FLS. FLS are not guarantees of future performance and by their nature are based on numerous assumptions. Although the FLS contained herein are based on what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot guarantee that actual results will be consistent with these FLS. The reader is encouraged to review the FLS carefully and not place undue reliance on it. Except as required by applicable law, it is not implied or specifically stated that there is any intention or obligation to update or revise the FLS, whether as a result of new information, future events or otherwise.
