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Bitcoin Fund Units Class A T.QBTC

The Bitcoin Fund (the Fund) is a Canada-based closed-ended investment fund. The investment objectives of the Fund are to seek to provide unitholders of the Fund with exposure to the digital asset bitcoin (bitcoin) and the daily price movements of the United States dollar price of bitcoin, and the opportunity for long-term capital appreciation. The Fund invests in long-term holdings of bitcoin, purchased from reputable bitcoin trading platforms and OTC counterparties, in order to provide investors with an alternative to a direct investment in bitcoin.


TSX:QBTC - Post by User

Comment by Lawyerupon Nov 24, 2020 4:50pm
119 Views
Post# 31965691

RE:RE:Bitcoin Price

RE:RE:Bitcoin PriceThanks DeepCove.  As far as I know Grayscale has one fund that contains XRP. 

GRAYSCALE DIGITAL LARGE CAP FUND COMPOSITION AS OF MARCH 31, 2019 approx 12% in XRP, 13% in Ethereum and 68% in bitcoin.  No plans as yet for a strict XRP ETF.

If you are nervous about Coinbase I would transfer what coin you have to a ledger wallet which you can buy off Amazon or buy direct from ledger (which is cheaper, no duty -I paid about $50 Canadian).  Its fairly easy to move the coin to a ledger and there are lots of youtube videos on it.  Being the fool I left some coin on QuadriaCX during its dying days.  I should have moved the bitcoin right away but waited a couple of weeks then the site was shutdown.  I lost roughly $5,000 by not being proactive.  The coin would roughly be worth $15,000 today I guess.  It was an expensive lesson that I don't want to repeat.  One poor fellow in California lost $70M with the QuadriaCX scam.  Just better to be safe than sorry.  Too many stories of people waiting too long to move their cryptocurrency to a wallet for safe keeping.  All the best, Charlie.
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