Ethereum Exposure

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I want to add a little bit of Ethereum Exposure to my portfolio. Do you like QETH or ETHC for this? (Or anything else) Thank you!

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Asked on April 10, 2021 5:02 pm
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Hi there,

If Ethereum is what you are looking for then yes, both of these are excellent options. Much like QBTC, QETH is a closed end fund that buys and holds Ethereum and its goal is to track the price of Ethereum. It is the closest product to an ETF as you will find right now. Much like QBTC did well when it filled the gap for Bitcoin, so too does QETH. Just pay attention to the premium/discount you are paying.

As for ETHC - I own it. I bought it a couple of months ago when i noticed that its market cap was trading at a pretty big discount to the amount of ETH it was holding. I chose it over QETH because of that discount. I think it is an underappreciated way to gain exposure to ETCH. The company lists the value of its holdings daily on its website, so its easy to figure out if the company's market cap is trading at a discount or not.

Which to buy? I'd buy whichever trades at better value at that point in time.

Mat

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Posted by Mathieu Litalien
Answered on April 11, 2021 7:55 am