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CI Galaxy Bitcoin Fund T.BTCG.UN

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TSX:BTCG.UN - Post by User

CI Galaxy Bitcoin Fund > Stock price
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Comment by Mat1791on Feb 19, 2021 10:49am
139 Views
Post# 32609147

RE:Stock price

RE:Stock price
Manoj123 wrote: I bought when it was $30 and Bitcoin was $42,000 ... now Bitcoin is at $52,000 and this stupid stock is $28?? Can anyone explain that? 


It's a closed end fund.

Trading bias can overshadow the movments of the underlying holdings.  With new open ended etfs on the market people are jumping ship and driving the closed end funds into discount territory.

In the end the holdings are worth the holdings.

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