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Ether ETV Class A T.QETH.UN

Alternate Symbol(s):  QETHF

The Ether Fund (the Fund) is a Canada-based closed-ended investment fund. The investment objective of the Fund is to seek to provide unit holders of the Fund with exposure to the digital asset ether (ether), the daily price movements of the United States dollar price of ether and the opportunity for long-term capital appreciation. To achieve its investment objectives, the Fund will invest in long-term holdings of ether, purchased from reputable ether trading platforms and over the counter (OTC) counterparties, in order to provide investors with a convenient, safer alternative to a direct investment in ether. 3iQ Corp. is the trustee, manager, portfolio manager and promoter of the Fund (the Trustee and Manager).


TSX:QETH.UN - Post by User

Comment by RobiTraderon Apr 08, 2021 4:21pm
177 Views
Post# 32958605

RE:This fund is a joke. I'm out.

RE:This fund is a joke. I'm out.https://3iq.ca/the-ether-fund-qethu-qethun/

Take a look at the chart near the bottom of the page in the link that plots the NAV and fund price. You will see in early Feb the fund price was at a heavy premium to the NAV.  Unfortunately, you picked a bad time to buy.

They are fairly close now, so now would not be the time to get out if you are holding this in a TFSA and believe that Ethereum is going higher. 
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