Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ninepoint Web3 Innovators ETF CAD T.TKN

The Web3 ETF seeks to provide Unitholders with capital appreciation by investing in a diversified portfolio comprised primarily of equity and equity-related securities of companies that give investors exposure to emerging technologies such as Web3, the blockchain and digital asset-enabled internet.


TSX:TKN - Post by User

Ninepoint Web3 Innovators ETF CAD > Current price discounted 8% on bitcoin price
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(9)
•••
Post by Lawyerupon Jan 29, 2021 2:04pm
255 Views
Post# 32421825

Current price discounted 8% on bitcoin price

Current price discounted 8% on bitcoin priceThis is based on the news release.  Since Jan 27th to today's price of $35,103 US there is a 13.6% increase in bitcoin.  IPO was $12.65 so a 13.6% increase we should be trading at $14.38 Canadian if there were 0 premium.  So BITC.UN is showing a discount of roughly 8% which in my books is cheap.  I doubt we will see this discount for long.  Just my two cents.  Cheers Charlie

Ninepoint Partners LP (“ Ninepoint ”) announced today that Bitcoin Trust (the “ Fund ”) was over 99% invested on its first day of trading, January 27, 2021, at an average cost per unit of Bitcoin of US$30,888.84. The Fund’s Class A Units trade in both US dollars and Canadian dollars on the Toronto Stock Exchange under the symbols “BITC.U” and “BITC.UN”, respectively.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities