Shares of TSE:QBTC.U (TSE:QBTC.U – Get Free Report) passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of C$68.05 and traded as low as C$67.00. TSE:QBTC.U shares last traded at C$67.67, with a volume of 1,806 shares traded.
TSE:QBTC.U Stock Performance
The stock’s 50-day moving average is C$73.64 and its two-hundred day moving average is C$67.86.
About TSE:QBTC.U
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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