Purpose Investments Announces Merger of Purpose Ether Staking Corp. ETF Into Purpose Ether ETF
you are currently viewing:Purpose Investments Announces Merger of Purpose Ether Staking Corp. ETF Into Purpose Ether ETFFebruary 3, 2026-Purpose Investments Inc. ("Purpose") today announced, further to its news releases of November 19, 2025 and September 22, 2025, that it will be proceeding with the merger of Purpose Ether Staking Corp. ETF (Cboe Canada: ETHC.B) (the "Terminating Fund") into Purpose Ether ETF (TSX: ETHH.B) (the "Continuing Fund") on a tax-deferred basis (the "Merger") on or about February 13, 2025 (the "Merger Date"). Purpose believes the Merger is in the best interest of investors as it consolidates two funds with substantially similar investment objectives and valuation approaches into a single, larger fund, which is expected to support greater scale, operating efficiency, and lower operating costs. Source: Purpose Investments Inc. |
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