Bullboard - Stock Discussion Forum Bitcoin Fund Units Class A T.QBTC

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The Bitcoin Fund (the Fund) is a Canada-based closed-ended investment fund. The investment objectives of the Fund are to seek to provide unitholders of the Fund with exposure to the digital asset bitcoin (bitcoin) and the daily price movements of the United States dollar price of bitcoin, and the opportunity for long-term capital appreciation. The Fund invests in long-term holdings of bitcoin... see more

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Bitcoin Fund Units Class A > Bitcoin Price

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Post by Lawyerup on Nov 24, 2020 1:38pm

Bitcoin Price

Just cleared $25K Canadian. Still seems to have quite a bit of momentum behind it. The big picture is ethereum and XRP both have had huge uptakes. All the best, Charlie.

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Comment by DeepCove11 on Nov 24, 2020 1:48pm

Hey Charlie. I am inested in XRP on Coinbase and own some of this fund. Coinbase makes me nervous as hell as I watch my portfolio rise. Will this fund buy XRP and ETH as well do you think>?

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Comment by SmiteWorx on Nov 24, 2020 3:08pm

I believe this fund is exclusive to Bitcoin. 3iq has IPOed a prospectus for a sister fund that appears to focus on just Ether. The order book is open now, so if you have a fimancial advisor who can get you hooked up, you may be able to get in on the initial offering. I am hoping it will be publicly availabe soon, that is when I will get in. 3iq also has some kind of private fund, that ...more

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Comment by Lawyerup on Nov 24, 2020 4:50pm

Thanks DeepCove. As far as I know Grayscale has one fund that contains XRP. GRAYSCALE DIGITAL LARGE CAP FUND COMPOSITION AS OF MARCH 31, 2019 approx 12% in XRP, 13% in Ethereum and 68% in bitcoin. No plans as yet for a strict XRP ETF. If you are nervous about Coinbase I would transfer what coin you have to a ledger wallet which you can buy off Amazon or buy direct from ledger ...more

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