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 > New Funds BITC.UN and BITC.U

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Post by Lawyerup on Jan 28, 2021 3:55pm

New Funds BITC.UN and BITC.U

Couple of new funds just started trading yesterday. Both are supposed to track the bitcoin price. Looks like no premium yet built into price and fees are .4% which is lower than the QBTC. Volume is quite low and today the funds are up a bit but relatively flat from the IPO. So there are some alternatives coming online that gives more choice. With all these new ETFs it has got to affect the price of bitcoin and only helps to push it higher. Just my two cents, Cheers Charlie.

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