Comments (3)
Is this OTC? Is this held or assets under management?
What was their basis price for the BTC?
from bitcointreasuries.net.
- not OTC, It's an exchange traded commodity (ETF like) tradable in many european stock exchanges
- Held asset through a Custodian (BitGO Trust Company) underlying asset can be redeemed (https://btc-etc.com/resources/EN_Redemption_Information_Document_BTCetc.pdf)
- Hard to tell since it constantly updates as money flows in, nonetheless 70% of the holdings were added between July 20th and Aug 8th (https://www.hanetf.com/UsersFiles/HanETF/Documents/452/20201008_BTCE_NAV_History.xlsx), so i would say that average price is around 11k$
from bitcointreasuries.net.
Thanks. Added, will be live soon.
from bitcointreasuries.net.
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