CRYPTO KNOWLEDGE BASE
Crypto and blockchain developments happen at breakneck speed. Get current info about crypto, DeFi, and Web3 from our experts.
Immerse yourself into the world of cryptocurrency by starting your crypto education off right with introductory whitepapers on Bitcoin and Ether. The future of finance is at your fingertips to explore.
Bitcoin is the largest cryptocurrency by market capitalization. It's the first and highest value digital currency, launched in 2009 by the pseudo-anonymous Satoshi Nakamoto.
Bitcoin’s limited supply of 21 million keeps the currency scarce and provides a gold-like hedge against inflation.
Ether is the second-largest cryptocurrency by market capitalization. It runs on Ethereum, a blockchain with smart-contract functionality
Ether is the currency required to use Ethereum, referred to as the ‘fuel’ of the network.
Famously known as Ethereum’s rival, Solana is a blockchain platform quickly growing in popularity in the NFT and DeFi spaces.
Its native cryptocurrency is called SOL, which is used for staking and to execute transactions.
Read more whitepapers
Bitcoin ETFs: Everything You Need to Know
The arrival of spot bitcoin ETFs in the US market has changed the asset class’s availability for traditional investors by offering an accessible, transparent, and trustworthy vehicle to invest in the world’s most important cryptocurrency.
This Solana 101 whitepaper will teach you everything there is to know about Solana, the newest, most exciting competitor in the decentralized application (Dapp) sector.
This proof of stake 101 whitepaper is an in-depth beginner’s guide to how proof of stake works
Bitcoin has seemingly taken the world by storm, but despite this cryptocurrency being constantly discussed in the news, few people have a true understanding of what Bitcoin is or how Bitcoin transactions work.
This NFTs whitepaper will teach you everything you need to know about NFTs: explore the history of NFTs; their key properties; the most popular protocols; how they are revolutionizing the world of digital art, collectibles, gaming, and music; and what we believe is in store for the future.
Carbon Offsetting & Carbon Credits 101 Whitepaper
This Carbon Offsetting & Carbon Credits 101 whitepaper will teach you what are they, how do they work and the verification standards.
This DeFi 101 whitepaper will teach you everything you need to know about the decentralized financial ecosystem.
This Ether 101 whitepaper will teach you everything you need to know about the world’s second-leading cryptocurrency and the technology that supports it.
If you’re looking for an in-depth beginner’s guide to crypto, this cryptocurrency 101 whitepaper is the resource you need. Learn the basics.
How Does a Spot Ether ETF Work?
Ever wondered how an ether ETF works? You’re not alone. We get this question a lot, and it makes total sense. Any responsible investor should want to understand how and why certain financial instruments work so that they can make educated decisions on how best to allocate their hard-earned money.
The decentralized nature of cryptocurrency is a huge benefit when it comes to improving the speed and accessibility of financial services. On the flip side, a common worry when it comes to decentralization of money of any kind is, of course, security.
Canada's Ether ETF Revolution: Paving the Way for US Markets
The US has now launched spot ether ETFs. Explore key learnings from Canada's spot ether ETF and recap the reception of US bitcoin ETFs.
Bitcoin’s Fourth Halving: What It Is and What Investors Need to Understand
As we approach the middle of April, Bitcoin’s fourth halving event draws closer. This event – also known as “the Halvening” – will significantly impact Bitcoin’s supply landscape.
Ahead of the Curve: Canada’s Venture into Spot Bitcoin ETFs and the Path Forward for the US
In the constantly changing world of cryptocurrency investing, spot Bitcoin exchange-traded funds (ETFs) have emerged as a significant breakthrough, providing investors with exposure to Bitcoin without the complexities of direct ownership.
Spot Bitcoin ETFs: Bridging the Gap for Traditional Investors
A wave of recent high-profile filings for a spot Bitcoin (BTC) exchange-traded fund with the US Securities and Exchange Commission (SEC) has driven up Bitcoin’s price over the last few weeks.
“How does a Bitcoin ETF work?” Now this is a question we get a lot. And with good reason. There’s a lot of information out there about what Bitcoin ETFs are, but not a whole lot about the inner workings of the funds themselves.
The Difference Between Closed-End and Open-End Bitcoin Funds
However, when investors are looking to allocate capital to a Bitcoin fund, there is a common question that arises: what is the difference between an open-ended fund like the Purpose Bitcoin ETF, and a closed-end fund like the Grayscale Bitcoin Trust?
3 Things That Could Cause the Next Crypto Bull Market
We’re in the currently in the middle of a particularly unpleasant crypto bear market. Bear markets, like anything else, though, don’t last forever.
3 Things That Will Shape the Crypto Landscape in 2023
The coming year will be a very important one for crypto, as the industry recalibrates after a 2022 that saw a lot of turmoil.
2022 Crypto Year in Review: Top 5 Stories
2022 is about to wrap up, and what a year it’s been. There’s been so much packed into the last 12 months that we have hardly had time to catch our breath.
Did 2022 Kill Crypto? The Evolution of Innovation in Finance
2022 has certainly been a tough year for crypto, but is crypto dead? Check out our latest for Crypto Corner to hear our thoughts.
Crypto Regulation: What Investors Should Consider
The fall of FTX has got us thinking a lot about the cryptocurrency industry. One of the most important issues we feel this event has highlighted is the need for regulation. In this article, we will go over some of our thoughts on the subject.
Do You Pay Tax on Crypto Investments in Canada?
This is a question we get a lot. And, well, we hate to get to the punchline in the second sentence of a blog post, but, the answer is: yes.
4 Ways to Get Exposure to Cryptocurrencies
Gaining exposure to crypto has never been easier. As crypto marches steadily towards mainstream adoption, there are an increasing number of avenues by which you can invest in the emerging asset class.
Crypto Winter Is Cold, but We’re Looking Long Term
The last few months have been tough for crypto portfolios. However, if you believe in the long-term applications of these technologies, it becomes important to take a step back and view the market volatility with some perspective.
Ethereum’s Triple Halving: What Investors Should Know
You might have heard that the third and final Ethereum testnet Goerli went live on August 10. And, okay, maybe the name alone doesn’t inspire excitement — I mean, what in the world is a “Goerli” anyway?
Solana 101: Proof of History Explained
Solana is a third-generation blockchain and one of the newest, most exciting competitors in the decentralized application (Dapp) sector.
What Are Blockchain Layers? Layer 1 vs Layer 2 Scaling Solutions, Explained
The terms “layer 1” and “layer 2” get tossed around a lot in cryptoland. They are important concepts to grasp in reference to the blockchain, but they can also be a bit confusing.
The Exciting Potential of Sustainable Cryptocurrency Mining
A common critique of cryptocurrencies is that they use an excessive, unsustainable amount of energy. This is especially the case with Bitcoin and other proof-of-work coins that rely on computational power and electricity usage as a means to secure their networks.
NFTs: Looking Beyond Digital Art
Non-fungible tokens (NFTs) are one of the most talked about—and often the most derided—digital assets on the blockchain. Lots of this derision comes from the default stance of many that NFTs are nothing more than useless blurry images.
Unstable Stablecoins: What Exactly Happened with UST and LUNA
April showers bring May madness apparently. This last week has been nothing short of traumatic for the cryptoverse, and stablecoins are at the centre of it, following the collapse of Terra USD (UST) and LUNA.
The Differences Between Bitcoin and Ethereum
The idea for Bitcoin (BTC) had been written up by a pseudonymous computer programmer named Satoshi Nakamoto in a 2008 white paper. And the first Bitcoin went into circulation in 2009.
Ethereum 2.0: 3 Reasons to Be Excited About the Move to Proof-of-Stake
In 2020, the Ethereum network began to transition from a proof-of-work (PoW) protocol to proof of stake (PoS). This transition, when complete, will bring upon the era of Ethereum 2.0.
Stablecoins: A Calm Sea in the Crypto Storm
If you’ve dipped your toe into cryptocurrencies for any length of time, stablecoins are bound to have come up across your radar.
How DeFi Can Shape the Future of Finance
Decentralized finance, or DeFi, is an exciting, emerging market that has incredible potential for growth and wealth generation. Its market cap has grown over 1000% between 2020 and 2021 and shows no signs of slowing down, with new protocols and services being added to the ecosystem every day.
Crypto Predictions: 5 Opportunities and 5 Risks
It’s a big week for us at Purpose as we celebrate the one-year anniversary of launching Purpose Bitcoin ETF (BTCC), the world’s first Bitcoin ETF. And wow, what a year it’s been.
Covered Calls and Cryptocurrency: The Potential We See
The Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF aim to harness the volatility of the cryptocurrency markets to help investors earn long-term yield by using a covered call strategy.
Cryptocurrency and ESG: Are They Really At Odds?
Technological developments have allowed us to be more connected than ever before. Information flows relatively freely whether or not news channels report or authorities disclose it.
Carbon Credits: What Are They, How Do They Work, and What Are the Verification Standards?
The climate crisis has been deemed a “code red for humanity” as scientists warn of increasingly extreme heatwaves, droughts and flooding, and breaking the 1.5°C temperature limit set out by the Paris Agreement in just over a decade
A Guide to Carbon Offsetting: Why and How Are We Becoming Carbon Neutral?
There are practical business reasons as to why companies should reduce their carbon footprint: to increase cost savings and improve stakeholder relations.
The Hidden Cost of Futures-Based Bitcoin ETFs
Bitcoin futures are required to invest in futures contracts rather than actual Bitcoin or Canadian Bitcoin ETFs that invest in physical Bitcoin on investors’ behalf.
Carbon Neutral Cryptocurrency: How Does it Work?
The rise of cryptocurrencies has coincided with the era where ESG movement has gained significant support. This has put cryptocurrencies, particularly Bitcoin and Ether, in the limelight due to concerns around carbon emissions resulting from high energy consumption.
Ethereum: The Birth of the “Digital Bond”
What is Proof of Stake and why is it so important? In this post, we will describe Proof of Stake, show how it creates a digital bond, and provide context on yields investors might expect.
Beyond Bitcoin: Top 10 Cryptocurrencies
The value of cryptocurrency market surpassed $2 trillion on April 5, 2021, with Bitcoin accounting for over 50% of the cryptocurrency market capitalization. But Bitcoin isn't the only crypto rising through the ranks.
Beyond Ethereum: Top 10 Cryptocurrencies
The value of cryptocurrency market surpassed $2 trillion on April 5th, 2021 with Ethereum (ETH) coming in second largest - after Bitcoin – accounting for around 12% of the cryptocurrency market capitalization
Have trouble telling the difference between Bitcoin and Ether? Want to confidently drop the term NFT in a sentence?
Bitcoin Halving: What It Is and What You Need to Know
Bitcoin halving, an event sometimes known more ominously as "the Halvening," is when block rewards from Bitcoin mining get cut in half.
Not all investment vehicles are built equally. They each have their own advantages, disadvantaged and optimal use cases.
Not all investment vehicles are built equally. They each have their own advantages, disadvantaged and optimal use cases. Explore whether an Ether ETF might work for you.
Cryptocurrency Basics & the Investment Opportunity
A cryptocurrency is a digital asset that is created and maintained by open source software run by a network of computers anywhere in the world.
No Pickaxes Needed: Bitcoin Mining Explained
Bitcoin mining is the process required to update the Bitcoin blockchain, which is a ledger of all the transactions that took place since inception.
Cryptocurrency Investing: 9 Facts Investors Should Care About
As a relatively young asset class, here are nine of the most fascinating and important facts about cryptocurrencies that investors need to know.
Read more primers
How Does a Spot Ether ETF Work?
Ever wondered how an ether ETF works? You’re not alone. We get this question a lot, and it makes total sense. Any responsible investor should want to understand how and why certain financial instruments work so that they can make educated decisions on how best to allocate their hard-earned money.
The decentralized nature of cryptocurrency is a huge benefit when it comes to improving the speed and accessibility of financial services. On the flip side, a common worry when it comes to decentralization of money of any kind is, of course, security.
Canada's Ether ETF Revolution: Paving the Way for US Markets
The US has now launched spot ether ETFs. Explore key learnings from Canada's spot ether ETF and recap the reception of US bitcoin ETFs.
Bitcoin’s Fourth Halving: What It Is and What Investors Need to Understand
As we approach the middle of April, Bitcoin’s fourth halving event draws closer. This event – also known as “the Halvening” – will significantly impact Bitcoin’s supply landscape.
Ahead of the Curve: Canada’s Venture into Spot Bitcoin ETFs and the Path Forward for the US
In the constantly changing world of cryptocurrency investing, spot Bitcoin exchange-traded funds (ETFs) have emerged as a significant breakthrough, providing investors with exposure to Bitcoin without the complexities of direct ownership.
Spot Bitcoin ETFs: Bridging the Gap for Traditional Investors
A wave of recent high-profile filings for a spot Bitcoin (BTC) exchange-traded fund with the US Securities and Exchange Commission (SEC) has driven up Bitcoin’s price over the last few weeks.
“How does a Bitcoin ETF work?” Now this is a question we get a lot. And with good reason. There’s a lot of information out there about what Bitcoin ETFs are, but not a whole lot about the inner workings of the funds themselves.
The Difference Between Closed-End and Open-End Bitcoin Funds
However, when investors are looking to allocate capital to a Bitcoin fund, there is a common question that arises: what is the difference between an open-ended fund like the Purpose Bitcoin ETF, and a closed-end fund like the Grayscale Bitcoin Trust?
3 Things That Could Cause the Next Crypto Bull Market
We’re in the currently in the middle of a particularly unpleasant crypto bear market. Bear markets, like anything else, though, don’t last forever.
3 Things That Will Shape the Crypto Landscape in 2023
The coming year will be a very important one for crypto, as the industry recalibrates after a 2022 that saw a lot of turmoil.
2022 Crypto Year in Review: Top 5 Stories
2022 is about to wrap up, and what a year it’s been. There’s been so much packed into the last 12 months that we have hardly had time to catch our breath.
Did 2022 Kill Crypto? The Evolution of Innovation in Finance
2022 has certainly been a tough year for crypto, but is crypto dead? Check out our latest for Crypto Corner to hear our thoughts.
Crypto Regulation: What Investors Should Consider
The fall of FTX has got us thinking a lot about the cryptocurrency industry. One of the most important issues we feel this event has highlighted is the need for regulation. In this article, we will go over some of our thoughts on the subject.
Do You Pay Tax on Crypto Investments in Canada?
This is a question we get a lot. And, well, we hate to get to the punchline in the second sentence of a blog post, but, the answer is: yes.
4 Ways to Get Exposure to Cryptocurrencies
Gaining exposure to crypto has never been easier. As crypto marches steadily towards mainstream adoption, there are an increasing number of avenues by which you can invest in the emerging asset class.
Crypto Winter Is Cold, but We’re Looking Long Term
The last few months have been tough for crypto portfolios. However, if you believe in the long-term applications of these technologies, it becomes important to take a step back and view the market volatility with some perspective.
Ethereum’s Triple Halving: What Investors Should Know
You might have heard that the third and final Ethereum testnet Goerli went live on August 10. And, okay, maybe the name alone doesn’t inspire excitement — I mean, what in the world is a “Goerli” anyway?
Solana 101: Proof of History Explained
Solana is a third-generation blockchain and one of the newest, most exciting competitors in the decentralized application (Dapp) sector.
What Are Blockchain Layers? Layer 1 vs Layer 2 Scaling Solutions, Explained
The terms “layer 1” and “layer 2” get tossed around a lot in cryptoland. They are important concepts to grasp in reference to the blockchain, but they can also be a bit confusing.
The Exciting Potential of Sustainable Cryptocurrency Mining
A common critique of cryptocurrencies is that they use an excessive, unsustainable amount of energy. This is especially the case with Bitcoin and other proof-of-work coins that rely on computational power and electricity usage as a means to secure their networks.
NFTs: Looking Beyond Digital Art
Non-fungible tokens (NFTs) are one of the most talked about—and often the most derided—digital assets on the blockchain. Lots of this derision comes from the default stance of many that NFTs are nothing more than useless blurry images.
Unstable Stablecoins: What Exactly Happened with UST and LUNA
April showers bring May madness apparently. This last week has been nothing short of traumatic for the cryptoverse, and stablecoins are at the centre of it, following the collapse of Terra USD (UST) and LUNA.
The Differences Between Bitcoin and Ethereum
The idea for Bitcoin (BTC) had been written up by a pseudonymous computer programmer named Satoshi Nakamoto in a 2008 white paper. And the first Bitcoin went into circulation in 2009.
Ethereum 2.0: 3 Reasons to Be Excited About the Move to Proof-of-Stake
In 2020, the Ethereum network began to transition from a proof-of-work (PoW) protocol to proof of stake (PoS). This transition, when complete, will bring upon the era of Ethereum 2.0.
Stablecoins: A Calm Sea in the Crypto Storm
If you’ve dipped your toe into cryptocurrencies for any length of time, stablecoins are bound to have come up across your radar.
How DeFi Can Shape the Future of Finance
Decentralized finance, or DeFi, is an exciting, emerging market that has incredible potential for growth and wealth generation. Its market cap has grown over 1000% between 2020 and 2021 and shows no signs of slowing down, with new protocols and services being added to the ecosystem every day.
Crypto Predictions: 5 Opportunities and 5 Risks
It’s a big week for us at Purpose as we celebrate the one-year anniversary of launching Purpose Bitcoin ETF (BTCC), the world’s first Bitcoin ETF. And wow, what a year it’s been.
Covered Calls and Cryptocurrency: The Potential We See
The Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF aim to harness the volatility of the cryptocurrency markets to help investors earn long-term yield by using a covered call strategy.
Cryptocurrency and ESG: Are They Really At Odds?
Technological developments have allowed us to be more connected than ever before. Information flows relatively freely whether or not news channels report or authorities disclose it.
Carbon Credits: What Are They, How Do They Work, and What Are the Verification Standards?
The climate crisis has been deemed a “code red for humanity” as scientists warn of increasingly extreme heatwaves, droughts and flooding, and breaking the 1.5°C temperature limit set out by the Paris Agreement in just over a decade
A Guide to Carbon Offsetting: Why and How Are We Becoming Carbon Neutral?
There are practical business reasons as to why companies should reduce their carbon footprint: to increase cost savings and improve stakeholder relations.
The Hidden Cost of Futures-Based Bitcoin ETFs
Bitcoin futures are required to invest in futures contracts rather than actual Bitcoin or Canadian Bitcoin ETFs that invest in physical Bitcoin on investors’ behalf.
Carbon Neutral Cryptocurrency: How Does it Work?
The rise of cryptocurrencies has coincided with the era where ESG movement has gained significant support. This has put cryptocurrencies, particularly Bitcoin and Ether, in the limelight due to concerns around carbon emissions resulting from high energy consumption.
Ethereum: The Birth of the “Digital Bond”
What is Proof of Stake and why is it so important? In this post, we will describe Proof of Stake, show how it creates a digital bond, and provide context on yields investors might expect.
Beyond Bitcoin: Top 10 Cryptocurrencies
The value of cryptocurrency market surpassed $2 trillion on April 5, 2021, with Bitcoin accounting for over 50% of the cryptocurrency market capitalization. But Bitcoin isn't the only crypto rising through the ranks.
Beyond Ethereum: Top 10 Cryptocurrencies
The value of cryptocurrency market surpassed $2 trillion on April 5th, 2021 with Ethereum (ETH) coming in second largest - after Bitcoin – accounting for around 12% of the cryptocurrency market capitalization
Have trouble telling the difference between Bitcoin and Ether? Want to confidently drop the term NFT in a sentence?
Bitcoin Halving: What It Is and What You Need to Know
Bitcoin halving, an event sometimes known more ominously as "the Halvening," is when block rewards from Bitcoin mining get cut in half.
Not all investment vehicles are built equally. They each have their own advantages, disadvantaged and optimal use cases.
Not all investment vehicles are built equally. They each have their own advantages, disadvantaged and optimal use cases. Explore whether an Ether ETF might work for you.
Cryptocurrency Basics & the Investment Opportunity
A cryptocurrency is a digital asset that is created and maintained by open source software run by a network of computers anywhere in the world.
No Pickaxes Needed: Bitcoin Mining Explained
Bitcoin mining is the process required to update the Bitcoin blockchain, which is a ledger of all the transactions that took place since inception.
Cryptocurrency Investing: 9 Facts Investors Should Care About
As a relatively young asset class, here are nine of the most fascinating and important facts about cryptocurrencies that investors need to know.
The FTX Collapse: What Happened and What It Means
In possibly one of the most significant crypto stories ever, FTX, one of the world’s largest crypto exchanges in the world by volume, completely collapsed last week.
ATTN: A Note on FTX and Gemini
The FTX collapse continues to impact a variety of financial services firms. Purpose took a leadership position when it launched the world’s first direct bitcoin and ether ETFs.
The Ethereum Merge: What Institutions and Investors Should Expect
The Merge is an upcoming upgrade to the Ethereum network that many people are hailing as one of the most significant events in the history of cryptocurrency.
The Crypto Crash: How Hard Times Are Paving the Way For A Brighter Future
Well, if anybody had any doubts, the last six to eight weeks have surely been the final, irrefutable evidence that crypto winter is finally upon us. And it’s cold out there, folks, really cold. Brrr.
The Emerging Role of Crypto in Developing Countries
As the popularity of cryptocurrencies spread across the world, developing nations have been some of the most enthusiastic adopters of this new asset class.
The Russian Invasion of Ukraine: Sanctions, Cryptocurrency, and the Role of Neutral Money
Russia’s invasion of Ukraine has galvanized much of the developed world into condemnation of Vladimir Putin’s expansionist policies. More significantly, though, these words have also been backed by actions.
Read more news and updates
The FTX Collapse: What Happened and What It Means
In possibly one of the most significant crypto stories ever, FTX, one of the world’s largest crypto exchanges in the world by volume, completely collapsed last week.
ATTN: A Note on FTX and Gemini
The FTX collapse continues to impact a variety of financial services firms. Purpose took a leadership position when it launched the world’s first direct bitcoin and ether ETFs.
The Ethereum Merge: What Institutions and Investors Should Expect
The Merge is an upcoming upgrade to the Ethereum network that many people are hailing as one of the most significant events in the history of cryptocurrency.
The Crypto Crash: How Hard Times Are Paving the Way For A Brighter Future
Well, if anybody had any doubts, the last six to eight weeks have surely been the final, irrefutable evidence that crypto winter is finally upon us. And it’s cold out there, folks, really cold. Brrr.
The Emerging Role of Crypto in Developing Countries
As the popularity of cryptocurrencies spread across the world, developing nations have been some of the most enthusiastic adopters of this new asset class.
The Russian Invasion of Ukraine: Sanctions, Cryptocurrency, and the Role of Neutral Money
Russia’s invasion of Ukraine has galvanized much of the developed world into condemnation of Vladimir Putin’s expansionist policies. More significantly, though, these words have also been backed by actions.
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The content provided on this site is for informational purposes only, and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. The information is not investment advice, nor is it tailored to the needs or circumstances of any investor. Information contained in this document is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice and neither Purpose Investments Inc. nor is affiliates will be held liable for inaccuracies in the information presented.
Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments, including those mentioned on this site. The respective prospectuses contain important detailed information about that investment fund. Always read the prospectus before investing. As with any investment, there are risks to investing in investment funds. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. Crypto assets can be extremely volatile and there is no guarantee that the amount invested 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