TSE:QBTC.U (TSE:QBTC.U) Trading 0.8% Higher – What’s Next?

TSE:QBTC.U (TSE:QBTC.UGet Free Report) shares traded up 0.8% during mid-day trading on Monday . The stock traded as high as C$88.57 and last traded at C$87.72. 1,358 shares changed hands during trading, a decline of 48% from the average session volume of 2,600 shares. The stock had previously closed at C$87.05.

TSE:QBTC.U Trading Up 0.8%

The firm has a 50-day moving average of C$100.04 and a 200-day moving average of C$104.04.

About TSE:QBTC.U

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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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