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Bitwise Bitcoin Strategy Optimum Roll ETF T.BITC


Primary Symbol: BITC

The Fund seeks to provide investors with capital appreciation. The Fund seeks to achieve its investment objective through managed exposure to bitcoin futures contracts (Bitcoin Futures Contracts) and investments in short-term debt securities. The Fund does not invest directly in bitcoin. The Fund will seek to invest in those Bitcoin Futures Contracts that provide the highest implied roll yield. Bitwise Investment Manager, LLC serves as the Funds investment adviser (BIM or the Adviser) and Vident Investment Advisory, LLC serves as the Funds investment sub-adviser.


ARCA:BITC - Post by User

Post by Lawyerupon Mar 13, 2021 2:58pm
210 Views
Post# 32793352

Monday

MondayWell bitcoin passed $75,000 Canadian on Saturday.  At this rate we may see $80,000 before Monday so I would expect a big jump in BITC.UN on Monday.  Still on a trajectory moving higher.  Might see $23-$24 on Monday at open for a double from the initial IPO.  All the best, Charlie.
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