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Bullboard - Stock Discussion Forum 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... see more

TSX:QBTC - Post Discussion

Bitcoin Fund Units Class A > Watching $10,500 closely
View:
Post by Shadow1973 on Jul 27, 2020 6:29pm

Watching $10,500 closely

If BTCUSD can sustain the $10,500 level then we can look forward to the bitcoin bull starting...
Comment by Moogul on Jul 27, 2020 6:32pm
Fingers crossed... also I bet the premium to NAV starts to rocket in a bull market. So we gain from BTC increase and NAV multiple expansion. 
Comment by Moogul on Jul 27, 2020 6:34pm
QBTC trades at a a much smaller premium to NAV relative to GBTC just from a lack of following and a less liquidity but the gap should close over time.
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