Post by
rwfresh on Apr 28, 2021 12:24pm
QETH right now is a free money situation 13.1447% DISCOUNT
Yesterday at close:
Ethereum price: 2495.7
QETH price: 52.50
Net Asset Value per Unit: 57.3180
That is a 8.77% DISCOUNT on the actual VALUE of the QETH Unit at close yesterday.
Right now:
Ethereum price: 2698.55
QETH price: 54.16
Net Asset Value per Unit: ~61.78
That is a 13.1447% DISCOUNT on the actual VALUE of the QETH Unit RIGHT NOW!
Comment by
Toohott01 on Apr 28, 2021 2:53pm
Why has this become so disconnected? Last week at times it was trading a couple bucks above NAV......
Comment by
bligicka on Apr 28, 2021 5:54pm
How do you calculate the net asset value ???
Comment by
Toohott01 on Apr 28, 2021 6:02pm
For each share in qeth you have you technically own 0.01756134 ethereum. So multiply that by the spot price of ether and u have the nav
Comment by
bligicka on Apr 28, 2021 9:30pm
Thankyou for sharing that ....where did you get that figure ???
Comment by
bligicka on Apr 28, 2021 10:46pm
From my post a couple days ago.....According to my calculations... We should be up $7 today just to recalibrate with the actual price of the commodity. That works out to $7 .....so why the discount is the management of the fund manipulators ???