RE:RE:RE:Help please: QBTC Trading Price is below its Net Asset ValueThe following is cut and pasted from reddit (which is cut and pasted from yahoo).
[Btw, is it demeaning if I beg for some reputation/karma points. Lol.]
This is a cut an paste from a poster 'Dave' on yahoo:
Yesterday morning I was concerned when I saw the differential between NAV and fund price. first thing I did was call 3iQ since I have a contact there (spoken to them several times last year).
Basically 3iQ confirmed that yes you can easily call your broker the day before annual Redemption so June 15th... you're basically guaranteed net asset value of Bitcoin. I bought more shares yesterday morning and bought some more again this morning so great to get a discount instead of paying premium.
FYI they are well aware of what's going on especially since they have their own open fund that they are releasing.
also they will have some announcement likely next week which they could not elaborate so that will be interesting