Shares of TSE:QBTC.U (TSE:QBTC.U – Get Free Report) rose 2.7% during mid-day trading on Wednesday . The stock traded as high as C$113.23 and last traded at C$112.55. Approximately 930 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 2,644 shares. The stock had previously closed at C$109.59.
TSE:QBTC.U Stock Up 2.7%
The company has a fifty day moving average price of C$109.10 and a 200-day moving average price of C$100.60.
TSE:QBTC.U Company Profile
The Funds investment objectives are to seek to provide holders of Units (Unit holders) of the Fund with: (a) exposure to digital currency bitcoin (bitcoin) and the daily price movements of the U.S. dollar price of bitcoin; and (b) the opportunity for long-term capital appreciation. To achieve its investment objectives, the Fund invests in long-term holdings of bitcoin, purchased from reputable bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, safer alternative to a direct investment in bitcoin.
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