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Bitcoin Fund Units Class A T.QBTC

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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 a convenient, safer alternative to a direct investment in bitcoin.


TSX:QBTC - Post by User

Bitcoin Fund Units Class A > Redemption Privileges
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Comment by Moogulon Feb 19, 2021 1:50pm
197 Views
Post# 32611363

RE:RE:RE:Redemption Privileges

RE:RE:RE:Redemption PrivilegesLol. You're too emotional here. Irrational fear mongering doesn't help. This happens to all other funds and it was a known and non fraudulent possibility for the SP to drop below NAV. As unit holders we still have the right to the underlying bitcoin at NAV through the annual redemption process. Relax or move on. 
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