Purpose Investments Announces Adjustments to Cryptocurrency Funds
Source: CoinWorld
Time: 2025-09-18 10:03:17
Purpose Investments Inc. plans to leverage its proprietary infrastructure to pledge up to 50% of its Purpose Ether ETF Ether stake, aiming to boost investor returns through pledge rewards. The company also plans to introduce pledge service fees and adjust investment targets for Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, increasing leverage to 33% of the NEW asset value. The plan will be held on October 21, 2025 to seek approval from fund shareholders and is scheduled to be implemented in early November.