4 ms·

There is a Bitcoin etf on the TSX since this week, both in CAD and USD

• giarc 6y ago
  So when markets closed on Friday, BTC was at about $55,000 and BTCC-B closed at $10.83. BTC continues to trade over the weekend obviously and is now at $57,000. Given this inbalance in trading times, should we see BTCC-B pop on Monday morning to catch up to BTC? Could one not buy/sell BTCC-B each morning depending on overnight activity of BTC?
  • sjg007 6y ago
    Probably yes. It works the same way with after hours trading on the stock market.
  • wcoenen 6y ago
    > Could one not buy/sell BTCC-B each morning depending on overnight activity of BTC? If the price went up, the sellers also know this and will adjust their offers though, so you won't be able to buy underpriced BTCC shares in the morning. You can bid at the previous day's closing price but good luck getting your bid filled.
    • sjg007 6y ago
      I think the real arbitrage is between crypto exchanges.