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 > If Bitcoin suddenly do a 20% nosedive

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Post by GG20200 on Feb 18, 2021 9:47pm

If Bitcoin suddenly do a 20% nosedive

These ~~~> Bitcoin Fund / Bitcoin Trust / Bitcoin ETF will all get wiped out.

I'm going to start toning down my position by a lot ... i smell a rat

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Comment by pystocker on Feb 19, 2021 7:52am

I lived through nosedive with greyscale etf, when it crushed from 22k down ..They have survived, I haven't sold everything,... however they started with very high price and did 1:12 split.

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