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Ninepoint Bitcoin ETF (BITC-U.TO)

Toronto - Toronto Real Time Price. Currency in USD
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17.41-0.64 (-3.55%)
At close: 3:53PM EST
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  • b
    bray
    News out today. Ninepoint will be applying to convert this fund into an ETF. Negative premium should close shortly.
  • A
    Ariana Grande
    Fund is at -8% premium. Load up the truck
  • M
    Mike
    anyone get mail about voting for etf conversion
  • A
    Ariana Grande
    Shoutout to those selling a 0.7% fee trust at an 8% discount for an ETF with 1% fees
  • b
    bray
    Just bought in today. Switched from QBTC. 0.7 MER vs 1.95%. Great fund for TFSA!
  • S
    Samuel
    Just entered today. Let's see how it goes!
  • A
    Ariana Grande
    When will results be announced?
  • A
    Ariana Grande
    Congrats
  • M
    Mike
    2% discount, this is the cheapest way to get bitcoin right now.
  • C
    Chris
    Current discount is 12.5%. This better pop on Monday and catch up with the NAV
  • M
    Mike
    is ninepoint planning to release an ETF? They need to get with the times. 3iq and galaxy are already on it.
  • b
    bray
    We are still trading at a good discount to NAV. One of the only ways to buy spot priced Bitcoin at a discount. If this changes to an ETF in a few months that discount should immediately be erased.
  • M
    Mike
    etf conversion confirmed
  • M
    Mike
    im contemplating selling bitc to buy qbtc. It seems qbtc will convert into an etf but i have no idea what bitc is planning.
  • a
    ant
    Every other fund backed by BTC or ETH has a premium and this is the only fund with a discount. Load it up before others find it.
  • A
    Anthony
    Could not find any info that states that this can be held in a TFSA or RRSP like QBTC.
    I am assuming that since it trades on the TSE it should be eligible for both.
    Its now in my TFSA, I will let you all know if I get busted LOL
  • A
    Ariana Grande
    9% discount. Someone has noticed the arb opportunity and is buying
  • M
    Mike
    etf conversion tomorrow?
  • M
    Mike
    Tomorrow is the meeting right? Extra 2% gain if we convert to ETF
  • A
    Ariana Grande
    16% discount