Bullboard - Stock Discussion Forum 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... see more

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Ether ETV Class A > Looks like 3iq has bought back and burned over 1 mm units

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Post by rwfresh on May 06, 2021 4:21pm

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

Since 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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