Post by
Mat1791 on Feb 22, 2021 9:50pm
NAV Calculations
Haven't heard back from Purpose, but it seem that 4:00pm is the NAV calcualtion time.
Feb 19th 4:00pm - XBX = $55,378.50 USD, Market Price = $10.55 CDN & NAV = $10.51 CDN
Feb 22nd 4:00pm - XBX = $53,887.34 USD, Market Price = $10.17 CDN & NAV = $10.20 CDN
XBX was down 2.69% and CDN $ up 0.2%, there for .b would be down 2.89%
NAV 10.51 to 10.20 is 2.89% decrease.
Market price has stayed about 5 cents of NAV at closing each day.
Comment by
steve957 on Feb 23, 2021 12:34am
looks like this is going to be going down tomorow,, xbx is down big time again whats the nav going to be tomorrow ???
Comment by
Mat1791 on Feb 23, 2021 6:36am
At 6:30AM EST - XBX = $46,826.00 USD down $7,061.34 USD from yesterday's NA market close 4:00 PM EST = 13.1% So, .b NAV closing price was $10.20 CDN, therefore without currency adjustments over the same period, NAV = $8.86 CDN. Market value has been able to stay within a couple of cents of NAV since inception, even with strong demand.
Comment by
pentad2 on Feb 23, 2021 8:33am
If you want the nav just go the the website it's all there for you. It shows to nav at 4 PM yesterday was $10.20. It also has the price in Canadian and the number of btcc per Bitcoin. So right now the nav is $61413.76/6676.83=$9.19.