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Purpose Bitcoin CAD ETF Non-Currency Hedged Units (BTCCb)

Toronto
Currency in CAD
Disclaimer
12.52
-0.47(-3.62%)
Closed

BTCCb Comments

this BTCC ETF IS garbage..WHEN BITCOIN GOING UP ..THIS ETF STAY..WHEN BITCOIN DROP..ETF WILL DROP MORE.
BTCC burst out of the gate today, 👍 hopefully it's not just froth. A lot of cryptos are in positive territory today.
When bitcoin goes down, this ETF goes down. When bitcoin goes up, this ETF goes down as well.
hey men,,,,is ETH
Lol just buy the coin yourself outright lol
That's a good point, I'm hoping major banks open trading platforms to buy, sell and hold crypto. I've opened accounts at a couple of crypto exchanges but don't get a warm and fuzzy feeling about transferring over larger summs of money. Too much potential for hacking and such. Who would you suggest as a trusted, safe platform, just curious?
if you itse your cryptowallet with the crypyocurrency Trade. It ja virtually impossible to hack. Even the platform shouldn't be able to help you if you forget your wallets password(s).
I really dont understand how it works... BTC is up and this is down...
yeah I was understanding the same as you... Would be nice if someone explain to us, I was thinking thats it would mimic BTC as well
I think Fraser is correct in regards to the initial price per share is correlated to that approximate value per bitcoin around the time it was released. I think BTCC will be mainly in the green only if bitcoin is in the $55,000 plus range. I don't personally hold bitcoin, but I bought the ETF to see what the hype was about. As an old school currency trader, I personally don't really understand bitcoin. My other issue as per my experience in trading currencies is the compliance side of currency dealing. I say this because when a government feels threatened that there is a parallel currency that may undermine their currency, that same government makes laws in the favor of said government. I remember, for example, when the US government confiscated all the gold and silver holdings of the "Liberty Dollar Association" which was used in the United States parallel to the greenback by an extremely large segment of the population that freaked out the US government which shut it down.
China just launched Ä ¥en coin, ote Something like that. It was on WSJ.
MER and NAV must play a bigger role in price than I thought.
BTCC opens - 2.45 percent to BTC's - 1.45 percent?
BTC is in down 1.77 percent, let's see where BTCC opens today?
If interest wanes... this could end up being another toilet bowl etf?
Any Canadian ETF is pretty light volume wise, again the underlying holding also dictates action, it's more the spread that is the concern. The issue however is if you hold BTC directly good luck if you ever lose your PW or die etc.
Volume has been steadily dropping since launch barely breaking a mill. a day? must be a supply and demand issue holding it back?
Bitcoin was 50+ when BTCC was launched at $10. If Bitcoin is 50 and change then what's holding this ETF below the $10. launch price? something isn't right? How was BTCC really valued ?
want to know as well
Thier website has all this info
thanks
I wonder what this ETF will look like in December of 2021.
could bullish approach 9.95 again sentiments these weeks to be higher than what you think the trending can offer
This is all speculation, BTC could have a huge spike at anytime and this explodes with it. Just a hold and figure out where your exit is.
buy buy buy..
buy buy buy..
buy
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