http://www.bloomberg.com/news/2014-07-10/bitcoin-by-bitcoin-the-winklevii-etf-inches-closer-to-reality.html
"It looks increasingly that the Winklevoss Bitcoin Trust (COIN) will actually launch.
If it hits the market later this year, it will come a decade after the inception of the world's largest gold fund, SPDR Gold Shares (GLD). COIN was modeled on GLD and in some ways is trying to be a new generation's version of gold. The cyptocurrency would move closer to the mainstream in an exchange-traded fund wrapper.
There's still no guarantee COIN will be approved by the Securities and Exchange Commission. There are more than a thousand prospectuses for ETFs sitting with the SEC, and hundreds of reserved tickers sitting with stock exchanges. And this approval would be the first of its kind -- a virtual asset."
Topic: [2014-7-10] Bloomberg-Bitcoin by Bitcoin-Winklevoss ETF inches closer to reality - page 2. (Read 2118 times)
July 10, 2014, 02:05:46 PM
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