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Bullboard - Stock Discussion Forum CI Galaxy Ethereum ETF (USD) T.ETHX.B

Alternate Symbol(s):  ETHXF | T.ETHX.U

The ETFs investment objective is to provide holders of Units exposure to Ether through an institutional-quality fund platform. To achieve its investment objective, the ETF will invest directly in ETH and will utilize high-quality service providers in the digital assets sector in order to manage the assets of the ETF. The ETFs portfolio will be priced based on, and the Net Asset Value of the ETF... see more

TSX:ETHX.B - Post Discussion

CI Galaxy Ethereum ETF (USD) > This is bizzare
View:
Post by brent11 on May 06, 2021 11:56am

This is bizzare

Etherium up 70% overnight and 20% last hour and this ETF is up....2.5 % ....DUH? Takes time for investors I guess. This train is going to leave the station. Are you on it?
Comment by biggerr on May 10, 2021 4:04pm
ETH up only 6%, clean your glasses
Comment by biggerr on May 10, 2021 7:50pm
I did something stupid today - bought a whole bunch of U shares and suddenly the screen shows that I'm  minus $1.400 in my account. Didn't know that I bought it in the US dollars, had to sell other shares to get the money but I was about to sell it anyway. So the question is: if I sell U shares I get the $US for them?
Comment by Cobalt on May 11, 2021 10:50am
Yes you get USD
Comment by biggerr on May 11, 2021 8:13pm
Also how come U and B are almost the same price, there should be some 20% price difference due to the exchange rate. Also B goes up more than U, something is fishy here
Comment by biggerr on May 11, 2021 8:16pm
I'll sell U and buy B, can buy far more shares for the same money
Comment by Cobalt on May 12, 2021 9:53am
They both started at $10 there after usd/cad moving will effect the price that 20% exchange rate was not built in , race started even Apr 21st
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