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Ether ETV Class A T.QETH.UN

Alternate Symbol(s):  QETHF

The Ether Fund (the Fund) is a Canada-based closed-end investment fund. The Fund's investment objectives are to seek to provide unitholders of the Fund with exposure to digital currency ether (ETH) and the daily price movements of the United States dollar price of ETH, and the opportunity for long-term capital appreciation. The Fund invests in long-term holdings of ETH, purchased from ETH asset trading platforms and over the counter (OTC) counterparties, in order to provide investors with alternative to a direct investment in ETH. 3iQ Corp is the investment manager and trustee of the Fund.


TSX:QETH.UN - Post by User

Post by rwfreshon May 06, 2021 4:21pm
292 Views
Post# 33145622

Looks like 3iq has bought back and burned over 1 mm units

Looks like 3iq has bought back and burned over 1 mm unitsSince the end of April. They are definitely taking advantage of the discounted QETH with their buyback program.

As per their buyback program that's 6-12 million dollars worth of ETH bought back and distributed amongst QETH units.

Hard to believe we are still trading at a 10+% discount.
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