U+03C8 Greek Small Letter Psi

The Wikipedia has the following information about this codepoint:

Psi (uppercase Ψ, lowercase ψ; Greek: ψι psi [ˈpsi]) is the 23rd letter of the Greek alphabet and is associated with a numeric value of 700. In both Classical and Modern Greek, the letter indicates the combination /ps/ (as in English word "lapse").

For Greek loanwords in Latin and modern languages with Latin alphabets, psi is usually transliterated as "ps".

The letter's origin is uncertain. It may or may not derive from the Phoenician alphabet. There are several psi-like symbols such as 𐀂 (*28), 𐀚(*24) and 𐀩(*27) in the Linear B script, which suggests a pre-Phonecian origin of the character. It appears in the 7th century BC, expressing /ps/ in the Eastern alphabets, but /kʰ/ in the Western alphabets (the sound expressed by Χ in the Eastern alphabets). In writing, the early letter appears in an angular shape (). There were early graphical variants that omitted the stem ("chickenfoot-shaped psi" as: or ).

The Western letter (expressing /kʰ/, later /x/) was adopted into the Old Italic alphabets, and its shape is also continued into the Algiz rune of the Elder Futhark.

Psi, or its Arcadian variant or was adopted in the Latin alphabet in the form of “Antisigma” (Ↄ, ↃC, or 𐌟) during the reign of Emperor Claudius as one of the three Claudian letters. However, it was abandoned after his death.

The classical Greek letter was adopted into the early Cyrillic alphabet as "Ѱ".