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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 Mat1791on Feb 19, 2021 8:47am
117 Views
Post# 32607633

RE:Bitcoin Fund, Bitcoin Trust, Bitcoin ETF... not correct

RE:Bitcoin Fund, Bitcoin Trust, Bitcoin ETF... not correct
GG20200 wrote: Bitcoin only down 1% today 

Bitcoin Fund ~~> down like 6%
Bitcoin Trust ~~> down almost 10%
Bitcoin ETF ~~~> 1st day debut ..... down almost 5%

All these Bitcoin Fund / Trust / ETF are all tracking Bitcoin incorrectly by a mile. It's like totally off.

In order for you to make 10% from these Bitcoin Fund / Trust / ETF ... u probably need Bitcoin to go up 15% or 20%+

The positive .. u can buy it for your TFSA
The negative .. it doesn't track Bitcoin price movement correctly.



T


Not sure what BitCoin ETF you are tracking, but..

BTCC.B close of yesterday

$10.09 0.09 | 0.90%
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