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Topic: [2014-06-04] NASDAQ: Bitcoin ETF Inching Closer To Reality - page 2. (Read 1291 times)

legendary
Activity: 3766
Merit: 1217
This ETF has been inching closer and closer every month for more than a year. I have a feeling that it'll take a few more years before it finally becomes a reality.

lol.. listing a new ETF in the NASDAQ is no small jobs. Tons of paperwork needs to be completed, and a lot of legal formalities are there. It sometimes take more than 12 months for a normal equity-based ETF to list itself in NASDAQ.  Grin
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
This part is good 'news':
"While many experts are skeptical about the liquidity and transactional aspects of a bitcoin ETF, a successful roll-out of this concept may ultimately provide another level of confidence for investors that are drawn to this theme.

It may also pave the way for new digital currencies to be accepted into the mainstream."


I am not certain it will be delayed much longer, with Bitcoin gaining so much momentum. Some people in the establishment clearly want BTC to succeed. (For example) Did you see the Bitcoin logo on the front of USA Today ~ a month ago. It was the USA Today logo with a big Bitcoin inside. That is one example of "strong support" from elements of the establishment.
Almost a bit scary if you think about it...
legendary
Activity: 1246
Merit: 1077
This ETF has been inching closer and closer every month for more than a year. I have a feeling that it'll take a few more years before it finally becomes a reality.
hero member
Activity: 715
Merit: 500
"Last month, the Winklevoss Bitcoin Trust filed its latest update that stated the ETF would trade on the NASDAQ exchange with a ticker symbol that has yet to be determined."

Read more: http://www.nasdaq.com/article/bitcoin-etf-inching-closer-to-reality-cm358963#ixzz33iWPO4jO

This is expected to launch before the end of the year. Hold on to your hats.
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