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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

Post by Lawyerupon Nov 30, 2020 4:17pm
719 Views
Post# 32002902

Don't get it

Don't get itI just don't get the wide variation between GBTC and QBTC.  GBTC is up 24% today vs QBTC which only climbed 14%.  The volume has increased a lot for QBTC but when you look at the price and the volume GBTC is still the winner.  Maybe its because a large hedgefund in the US will invest like $100M in GBTC over the next while?  Anyway, things look good going forward.  I follow Catherine Wood of ARK Investments and she is very bullish on bitcoin's future.  All the best, Charlie.
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