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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I am with TD and wanted to further explore crypto currencies.

I am looking at Bitcoin, Ethereum (CRYPTO:ETH), Stellar (CRYPTO:XLM) and Cardano (CRYPTO:ADA.

I am not sure, but I could buy Bitcoin with BTCC.B?
Ethereum with ETHH.B?
And I would have to buy Stellar and Cardano with Coinbase, or does TD or Weatlhsimple do this?
Or is there an ETF for Stellar and Cardano or is there an ETF for a group of newer coins?
Really confused Boomer.
Read Answer Asked by Terry on September 09, 2021
Q: Would appreciate some guidance re bitcoin, especially the many ads that pop up in email. Is the rags to riches claim legitimate? Do the celebs - Trudeau, Connor MacDavid etc know they are advertising this item? Is bitcoin on the TSX?
Thank you for your insight,
Sharon de Vries
Read Answer Asked by Sharon on June 15, 2021
Q: Hello 5i Team
I am researching Bitcoin ETFs and it appears there are four ETF trading in the Canadian market (CI Galaxy Bitcoin ETF; Evolve Bitcoin ETF, Ninepoint Bitcoin ETF; and Purpose Bitcoin ETF).
Questions I have are:
1 – Are there any other Bitcoin ETF available in Canada?
2 – Do Bitcoin ETF trade in the US market or are Bitcoin ETF in the USA waiting for SEC approval?
3 – All four Canadian listed ETF trade in both Canadian and US dollar versions on the TSX – which is the better version to purchase and why?
4 – What are the Assets under management for each ETF (as of end of day June 04)?
5 – What would be your ranking of ETF to purchase?
Thank you
Read Answer Asked by Stephen on June 08, 2021
Q: Hello 5i,

We purchased QBTC when it was available, then purchased BTCC.B when it was recommended by 5i, and it looks like BTCC is now recommended. Can you clarify which Bitcoin stock is preferred - BTCC or BTCC.B or another Bitcoin stock?

Would it make any sense to own 1/2 of the ETF stocks in BTCC and 1/2 in BTCC.B if you have a 4% position?

Thank you for your fantastic service.

Cheers,

Debbie and Jerry
Read Answer Asked by Jerry on April 09, 2021
Q: Please give me your thoughts on the above. The first two are ETFs , and that to me means covering more than one crypto currency ? Could you elaborate on this and what they cover as an ETF ? Their mer's = 1%. What is the diff. between QBTC and QBTC.U and is there an mer on these ? If you were to buy Bitcoin in a TFSA, would it be one of these or would you recommend another one that might have lower management fees. Looking at these 4 on the stock market today, QBTC is up 2.76% while the 2 first ones are up less than 1% ? I certainly like a 2.76% daily increase ! Thanks for any info.
Read Answer Asked by Frank on March 25, 2021
Q: Are there any bitcoin ETFs eligible for purchase in a Canadian RSP? If so, please provide ticker symbols of applicable ETFs available to a Canadian investor, and which one(s) you might recommend to someone who desires a small bitcoin exposure (1% portfolio weighting). (Both US$ and CA$ RSP accounts are available.)
Ted
Read Answer Asked by Ted on March 08, 2021
Q: Hey Guys,

I'm thinking of building up my portfolio with ETF's, currently my companies are BTCC.B, ARKK, XUS, HCLN, PSYK. Any suggestion on good additions, and thoughts on these ETF's.

Thanks
Read Answer Asked by Bonnie on February 25, 2021
Q: I purchased QBTC and BTCG.UN which I understand are closed funds, therefore can trade at a premium or discount to NAV. Now I see Purpose has come out with an ETF. Can you compare these funds and provide pros/cons for the closed funds vs ETF. If someone had new money today and if the closed funds were actually trading at NAV, which would you recommend and why? Don’t want to switch un-necessarily but if BTCC.B is a better product, it might be worth it.
Read Answer Asked by Leslie on February 22, 2021
Q: Further to my question , you answered this a.m. Why is there such an amazing difference in performance between (all one month)?
QBTC- 26.5%
GBTC- 47.13%
BTW-80.79%
Agnostic to currency which one do you suggest and why?

Sheldon
Read Answer Asked by Sheldon on February 22, 2021
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