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PAST TOP PICK
(A Top Pick Sep 17/20, Up 205%) The fruition is coming through that digital assets are real. It has reached $2T in market cap. It is stored off line and is a closed end fund. A frontier asset. Would continue to add to it.
E.T.F.'s
PAST TOP PICK
(A Top Pick Jun 01/20, Up 413%) This is a closed end fund. It was a leader in its field. Now you have a challenge of a tax problem. They are now buying back shares. He would not see any reason to change this fund. See his Top Picks today.
E.T.F.'s

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TOP PICK
Bitcoin is the most famous cryptocurrency (there are many) and is highly volatile. Bitcoin's plunges and leaps are legendary. For instance, in 2010, one Bitcoin traded at 8 cents. Last week, it topped $58,000. First off, Bitcoin is a digital currency, meaning that it's not a physical coin, but a currency that exists in a public ledger nestled in a network of computers and accessed through through a series of passwords, like keys that open a bank vault. (Don't lose your keys or you're screwed.)
E.T.F.'s
COMMENT
He is not sure about the mechanics of the ETF. However, speaking on bitcoins there is only going to be a finite number of bitcoins being mined. There is scarcity. Currency needs to be believed in. If people believe it is real, it will become real. Established managers are buying it now.
E.T.F.'s
DON'T BUY
Bitcoin in general He doesn't think this will ever be a transaction currency. For a portfolio, Bitcoin is an alternative investment. He's wary of Bitcoin, so less clear in pricing and origination. It's too much in crime, money laundering and tax evasion. He'd much rather own gold bullion--it's tangible, has a history and he know what it operates.
E.T.F.'s
DON'T BUY
Bitcoin is a tradable asset class that has a real value of zero for him. For those who don't mind volatility, it could be good for those investors. However, he does not understand how to value it. The central banks of the world will probably not allow independent currencies. However, smart people and big money are putting significant amounts into bitcoin. It will remain volatile.
E.T.F.'s
TOP PICK
Canadians are in the unique position of having access to cryptocurrency. It's a closed-ended fund, so you have to be careful how you buy it. Management fee is a little higher. Access to an emerging access class in the "explore" portion of your portfolio.
E.T.F.'s
TOP PICK
If you want tech, then look at this. It is regulated. Other tech funds are buying this. It is a leader. He would not suggest a big holding, however, in case it goes to zero.
E.T.F.'s
Showing 1 to 8 of 8 entries
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The Bitcoin Fund(QBTC.U-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 4

Stockchase rating for The Bitcoin Fund is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

The Bitcoin Fund(QBTC.U-T) Frequently Asked Questions

What is The Bitcoin Fund stock symbol?

The Bitcoin Fund is a Canadian stock, trading under the symbol QBTC.U-T on the Toronto Stock Exchange (QBTC.U-CT). It is usually referred to as TSX:QBTC.U or QBTC.U-T

Is The Bitcoin Fund a buy or a sell?

In the last year, 4 stock analysts published opinions about QBTC.U-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for The Bitcoin Fund.

Is The Bitcoin Fund a good investment or a top pick?

The Bitcoin Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for The Bitcoin Fund.

Why is The Bitcoin Fund stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is The Bitcoin Fund worth watching?

4 stock analysts on Stockchase covered The Bitcoin Fund In the last year. It is a trending stock that is worth watching.

What is The Bitcoin Fund stock price?

On 2021-10-27, The Bitcoin Fund (QBTC.U-T) stock closed at a price of $61.88.