TSX:BTCG.UN - Post by User
Comment by
mrsly0on Feb 19, 2021 10:54am
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Post# 32609222
RE:RE:Stock price
RE:RE:Stock priceah... so trading here does not generate trades on the bitcoin... just buying and selling shares from a defined number of bc... so... still... eum.... not really what is desired I would say.
good luck
Mat1791 wrote: 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.