Post by
Galou10 on Feb 19, 2021 12:33pm
Before we get to zero
Sold out of this fund. Moving over to BTCC.B-C . At least this tracks bitcoin movement. Another few days of ether going up in this fund and i'll be broke.
Comment by
loadinup on Feb 19, 2021 2:09pm
Not a bad move. I have been happy with this fund until the past week. Emailed and waiting on an answer on their reason. If nothing satisfactory by end of day, I am out as well as it is inconceivable that ETH hit ath's and been down consecutive days. 2 weeks ago eth was just over $1700 and this fund was 20% higher. Pretty hard to make any sense out of that.
Comment by
Galou10 on Feb 19, 2021 2:28pm
I've also sent an E mail with no response. Volume seems to be dropping , perhaps everyone is bailing.
Comment by
GreenGardener on Feb 19, 2021 4:26pm
I should have bailed today. Can't blame it on exchange rate, because it's reflected in USD as well
Comment by
RobiTrader on Feb 19, 2021 7:08pm
The fund is trading a bit below NAV of $43.48? Closed at $42.50 today. Am I correct the fund was trading at about a 20% premium to NAV back in January - are we just adjusting to that discrepancy? It will probably better track the price going forward.
Comment by
RobiTrader on Feb 20, 2021 8:11am
#ETH @ $2K this morning - hopefully the price holds up through the weekend. Monday should be a better story with QETH.
Comment by
ShawnyCash1 on Feb 19, 2021 2:32pm
I am also perplexed with the pricing. I bought around the 8th of March 2021 and Ether was around $1700. Think I was buying around 49 dollars. Now its trading around 43 dollars and Ether is worth $240 more at 1940 US. I've emailed today asking for some clarity. Why would there be more sellers in a rising coin environment. Some disconnect here.
Comment by
GreenGardener on Feb 19, 2021 4:24pm
I emailed them as well, and all I got was on their emial subscription list, which was infuriating. I too was super happy with the fund, but now it's a total dog.