Bitcoin Fund Units Class A T.QBTC

BTCQ

[Seamus2021]

1) Thoughts on whether QBTC will be given an option to convert into BTCQ? Would let us get some lift as a result of the current discount.

2) What is the best place to see discount of QBTC is to NAV?

[dm27427]

3iq posts the daily closing price and NAV here: https://3iq.ca/the-bitcoin-fund-qbtcu-qbtc/ The updated NAV is not posted until later in the evening, so make sure you are using values from the same date. At 7:56 PM April 1, the unit price is as of 3:59 PM April 1, but the NAV is still from March 31.

[Profile4B]

There's been no word about an option to convert, which is disconcerting.  If one cannot convert, I imagine the discount to NAV would become even greater?

[Moogul]

I don't think it would become much greater Becuase alternatives already exist, but it would be a piss off (so maybe a bit). I assume that announcement will come. Nobody wants these closed ended funds anymore and since the etf isn't first to market it won't have all important volume needed to be a competitive ETF without converting the closed end fund which will give them massive AUM to

[Moogul]

GBTC just announced its intent to convert its closed ended fund to an etf. I assume QBTC will follow... come on 3iq!!!