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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
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Post by rwfreshon May 06, 2021 4:21pm
306 Views
Post# 33145622

Looks like 3iq has bought back and burned over 1 mm units

Looks like 3iq has bought back and burned over 1 mm unitsSince the end of April. They are definitely taking advantage of the discounted QETH with their buyback program.

As per their buyback program that's 6-12 million dollars worth of ETH bought back and distributed amongst QETH units.

Hard to believe we are still trading at a 10+% discount.
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