Bitcoin long term investing - QBTC.TO Fund, GBTC Trust, BTCQ ETF
If you buy a bitcoin fund like GBTC (Grayscale Bitcoin Trust) or QBTC.TO (The Bitcoin Fund CAD), do you lose a lot of gains via tracking errors compared to buying the actual BTC coin?
QBTC.TO April 9, 2020 - July 23, 2021: 387% gain
GBTC: April 9, 2020 - July 23, 2021: 263% gain
BTC USD April 9, 2020 - July 23, 202: 377% gain
3iQ CoinShares Bitcoin ETF (BTCQ) CAD: new ETF created in March 31, 2021
Questions
QBTC.TO April 9, 2020 - July 23, 2021: 387% gain
GBTC: April 9, 2020 - July 23, 2021: 263% gain
BTC USD April 9, 2020 - July 23, 202: 377% gain
3iQ CoinShares Bitcoin ETF (BTCQ) CAD: new ETF created in March 31, 2021
Questions
- How come GBTC gain is so far behind from QBTC?
- What's the difference between a bitcoin trust, bitcoin fund, and bitcoin ETF?
- Can the bitcoin trust, bitcoin fund, or bitcoin ETF lose your money from hacking like Bitcoin exchanges getting hacked or run away with your money?
- If you are buying the actual Bitcoin instead, is it safe to hold your money long term in a huge exchange like Coinbase, Robinhood, or Wealthsimple?
- Where can I find the MER for those symbols? Seems hard to find online.