These assets should be about the same value in theory, but that’s not the case in fact. Theories are often thwarted by the facts on the ground. The fact is FTMDF and FT are not fungible. You cannot exchange one for the other. They’re independent pools of value, and they’re different assets. We can see that we have increasing volatility between them. The US ticker usually lags behind, but not always. Sometimes it spikes. the US side has even lower volumes than the Canada side, but that can change quickly if the chart confirms bullish. Bullish for the first time. What’s going to happen to FTMDF vis a vis FT? I think we continue the trend of even more volatility between them, and the US ticker spiking against FT.
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