Ether ETV Class A QETHF

Primary Symbol: T.QETH.UN

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

Ether ETV Class A > Relax and get positioned, Info on NAV

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Comment by RobiTraderon Apr 30, 2021 8:36am

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Post# 33099854

RE:RE:RE:RE:Relax and get positioned, Info on NAV

Finally some logical points being made on this board - and what I've been saying all along. This was the first Ethereum fund and because of that everybody got excited and were buying it despite the fund trading at a 20% premium to the NAV. Now it's swung the other way and these 'investors' don't have a clue what's going on. Go to the website, look at the chart that plots NAV vs. share price and you will see what has happened. If you think Ethereum is going to go higher, buy this and wait. If you don't have that kind of patience go to Coinbase, hold it outside of your TFSA and pay the tax. So far I'm happy with the 250% gain in my TFSA and the potential of the 13 or whatever percent discount the price is trading at today.

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