Grayscale Bitcoin Trust ETF GBTC

QBTC vs QBTC.U

[insidersnoop1]

IMPORTANT :  If your account is in US dollars and you want to buy or sell Bitcoin Fund in US funds make sure the stock symbol has .u at the end.

Otherwise you will pay a 1.5% exchange fee to buy QBTC (since it is in Canadian dollars). Avoid these fees by always double checking

since some trading systems will often require you to add .u manually to the trading symbol. Even if you buy in US dollars, the current US

share price in your account balance is shown in Canadian dollars according to current exchange rate. ( definitely room for improvement here ! )

This happens with TD Webbroker and maybe others.

[insidersnoop1]

Both trade in US dollars. As of Nov. 30 : QBTC.u  =  0.001114 of 1 Bitcoin per share = 19,036$US X 0.001114 =  21.21$ and with US$ share price at 22.61$US the premium is 6.2% over net asset (NAV). QBTC.u trades on Toronto Stock Exchange.   GBTC  =  0.00095169 of 1 Bitcoin per share = 19,036$US X 0.00095169 = 18.12$ and with US$ share price at 23.74$US

[insidersnoop1]

I found these sites a bit late : https://ycharts.com/companies/QBTC.U.TO/discount_or_premium_to_nav https://ycharts.com/companies/GBTC/discount_or_premium_to_nav