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 > Definitely not good for the sector......................

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Post by ggrellette on Jun 17, 2022 3:56pm

Definitely not good for the sector......................

Crypto lender Babel is freezing withdrawals for users due to "unusual liquidity pressures."
It's the second major platform to do so this week as the crypto market faces a massive selloff.
Celsius previously stopped letting customers withdraw their holdings on Sunday.

Promoted as being safe and a hedge against inflation is a laugh at best.

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Comment by skydiver069 on Feb 17, 2024 7:01pm

Any sell off's prior to the halving could be beneficial. With mild selling occuring it could make for a stronger bull run in April. Doubts? Do some in-depth technical research into the history of the past havings at the 4yrs marks. I've watched many YouTube videos, however, "crypto crew university" IMO seems to provide an excellent breakdown of the hard facts.

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Bitcoin Fund Units Class A