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Bitcoin Fund Units Class A T.QBTC

The Bitcoin Fund (the Fund) is a Canada-based closed-ended investment fund. The investment objectives of the Fund are to seek to provide unitholders of the Fund with exposure to the digital asset bitcoin (bitcoin) and the daily price movements of the United States dollar price of bitcoin, and the opportunity for long-term capital appreciation. The Fund invests in long-term holdings of bitcoin, purchased from reputable bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, safer alternative to a direct investment in bitcoin.


TSX:QBTC - Post by User

Comment by Moogulon Feb 17, 2021 7:40pm
80 Views
Post# 32591810

RE:RE:RE:RE:ETF WTF

RE:RE:RE:RE:ETF WTFI don't want to own a minor. I think they are aweful business models. Zero barriers to entry and constantly having to upgrade their quickly outdated mining hardware to compete with other minors for a finite and shrinking supply of bitcoin (bitcoin halving a every 4 years). Now that's not to say you can't trade them and make lots of money but you need to time it perfectly. Anyways good luck to you and RIOT. I just want boring longterm exposure to the the crypto currency itself and no exposure to mining business risk. IMO comparing this fund and riot is kinda like comparing apples and oranges. Glta 
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