Buy, Sell or Hold: The Bitcoin Fund (QBTC.U)

QBTC Figures

Credit: TradingView

The QBTC stock was launched in April 2020 by 3iQ Corp, a crypto company in Canada. A glance at the numbers shows that The Bitcoin Fund could be a nice investment. With a market cap of $380.59 million as of January 2025 and a price-to-earnings ratio of 1.84, if you plan to buy at the current price of $84.93, then it looks attractive. Also, it has a strong EPS TTM of $47.32, and total shares traded stand at 16,258,196.

However, look carefully before investing. The total volume on the TSX is only 207 units, and the YTD return is 5.84%. Check revenue, net income, and expense ratio when thinking about buying this bitcoin fund.

History and Performance of the QBTC Stock

December 2022 was tough for this bitcoin stock. It fell to $15.02, one of its worst lows ever. Over the past 3 years, the stock’s price has gone up 6x, showing a strong foundation.

Early investors of the QBTC stock are still significantly up overall. Not one of the early investors? Let’s discuss how to position for the next run. Currently, QBTC.U is bullish, nearly a 100% increase from late last year when it was $44, now trading at $85. 

It previously reached a high of $109.95 in September, so right now it is a good entry for a buy. Market data reflects that it correlates with the price of bitcoin, so as bitcoin pumps, it tends to pump as well. When analyzing this bitcoin fund stock, check critical data: price movements over a period, previous close, 52-week highs, and lows are all important.

We need to look at its net asset value and track its highs, too. If it breaks the previous all-time high of $120.45, that will be a 39.5% increase from the current market price. Once that level is reached and Bitcoin performs well, we could see much more upward momentum. Historical sell-off periods, like August 30, 2025, also provide insight into market behavior and information provided by the fund.

The chart below shows the 20 EMA in (orange) and the 50 EMA (red). EMAs (exponential moving averages) are a good indicator of price activity over a long time. Currently, momentum is slowing, but if the 20 EMA moves above the 50 EMA, it could signal the end of the bearish state and be bullish.

Price has been in a downtrend since October 7, 2025, and a crossover of the EMAs could finally bring the much-awaited bullish momentum. When the 20 EMA stays above the 50 EMA, it shows strength. For now, QBTC.U is accumulating. This is a good entry point for those looking to buy.

Thinking about selling? It might make sense to wait for the EMA crossover to get the most out of any gains. For those planning to hold, this is a solid time to start picking up shares. It also helps to look at past performance: check the 1-month trend and see where it sits in the 52-week range. That gives a better feel for potential ups and downs.

QBTC and Bitcoin Fund Investment FAQs

This section will answer some common questions around The Bitcoin Fund. 

What Is the QBTC Ticker Symbol?

QBTC represents the ticker for The Bitcoin Fund. This is how people view it on TSX, the only exchange it is on currently. It is also represented as QBTC.U. Don't worry, it is the same stock in different currencies, as the first ticker is denominated in Canadian Dollars (CAD), while the second is denominated in United States Dollars (USD). The QBTC ticker enables you to trade it like a regular stock.

Is QBTC a Long-Term Investment?

QBTC can be suitable as a long-term option if one believes in Bitcoin. Because it is as volatile as Bitcoin, it is seen as a way to have long-term exposure to Bitcoin.

Think about investment objectives, the structure of the fund, securities and holdings of Bitcoin. QBTC is good for longer timeframes, like 1 year or more. Also good for taxes and retirement, since long-term holding can lead to more money, but no dividends are paid.

Is QBTC Trending in 2025?

In 2026, QBTC.U isn’t very popular. It’s not broad or mainstream, and daily trading volume on the TSX is low. Over the past 1 year, the price has little momentum. Although no dividend yield, QBTC.U gives exposure like Bitcoin ETFs for those interested in digital assets.

Should You Buy QBTC Now?

Before buying QBTC, think about Bitcoin’s fall and Trump's threats, which are hurting markets. Fees and expenses (1.95% in management fees) can eat into your profit. Based on this, wait for Bitcoin to perform better first.

Does QBTC Offer Crypto Exposure?

QBTC gives anyone easy access to Bitcoin, the king of crypto. Holding or trading BTC comes with risks, including keeping it yourself and exchange hacks. 

By buying shares of The Bitcoin Fund, anyone can use normal trading platforms and registered investment products. This is still risky, so please read the prospectus on the website. The information provided includes fund services, holdings and asset class details, which helps know whether this experience and exposure fit needs. QBTC does not have affiliates, so ignore third-party websites that talk suspiciously about the fund or offer.

Invest in the Bitcoin Fund with Confidence

The QBTC Bitcoin stock is easier for people to hold than Bitcoin. When thinking about funds like QBTC, go beyond price alone. Properly analyze everything before jumping in, and, finally, don’t forget to read our posts.