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Ether Capital Corp N.ETHC.B

Alternate Symbol(s):  DTSRF

Purpose Ether Staking Corp. ETF (the Fund), formerly Ether Capital Corporation, is an alternative mutual fund. The Fund’s investment objective is focused on investing all or substantially all of its assets in long-term holdings of Ether and seeks to provide shareholders with the opportunity for long-term capital appreciation. The Fund’s investment objectives include capital preservation, generating income, capital growth or a combination of the three. The Fund may also hold cash and cash equivalents or other money market instruments. The securities of any mutual funds held by the Fund shall be valued at the reported net asset value (NAV) of that mutual fund. Purpose Investments Inc. is the manager and portfolio manager of the Fund. The manager will use the CoinDesk Ether Price Index as the primary source upon which the Fund’s Ether will be valued. The CoinDesk Ether Price Index represents a real-time, United States dollar equivalent spot rate for Ethereum.


NEO:ETHC.B - Post by User

Bullboard Posts
Post by bigslapperon Nov 26, 2018 3:15pm
432 Views
Post# 29023027

watching and waiting

watching and waitingTheres no need to buy here or anywhere around here. 
My question for the board is how long can etherum go down before these guys fold up shop,
and the stock is worthless. I dont know enough about this type of fund. 
I assume they have to pay themselves , infrastructure, listing fees etc. 
Im pretty sure this fund was buying ether at the VERY TOP. Can something like this go ti*s up ?
Bullboard Posts