Quote:
Originally Posted by Raekwon
I got out of BTCC-B.TO because it didn't seem to be in line with the price changes of bitcoin. It seemed to have panic drops and take too long to recover even when Bitcoin went back up to all time highs. Also I thought what is the point of a bitcoin ETF? you are investing in a money replacement with money to get back money you never hold actual bitcoin, if you want to invest in bitcoin just but bitcoin and then the value is always equal and you have the option to keep it digital or convert to fiat.
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I was curious about this so I just pulled the BTCC data and BTC data in CAD and graphed the daily change. It looks pretty spot on plus or minus a percent.
https://ibb.co/BwfTdfX