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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 pystockeron Feb 19, 2021 12:57pm
172 Views
Post# 32610779

RE:RE:Redemption Privileges

RE:RE:Redemption PrivilegesThanks for posting those conditions. Not sure how retail is sumbittig those requests. I would guess email request and filling up some forms?

But that's all under assumption this fund will live long enough, and that is operating within normal deviations. 
Now, that is broken not sure what options will be. Anyhow, too bad for missed opportunity and using wrong instreument. Still, this could drop big time before they decide to come out with, i'm sure, ready legal loopholes..

They should halt trading, until this is resoved,... but that also comes with the ticket. 

You also should ask yourself, what will be with this fund if we had true volatility?! This is a just lost case...
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