Well they said today on the live stream that Gemini is only "weeks" away and that they are on the two yard line. So the launch of Gemini appears to be coming very soon. When they were asked about the ETF they said that they can't speak about it per SEC rules. This is all good news IMO.
I think they were speaking in vague terms with an example thrown in. Compared to how long they have been setting it up (~2 years), what's another 3-4 months? It is 2 yard line, but only relative to how long real money plays its game (in months and years, not days or hours). Gemini in other words can happen within a month, or in 3-4 months during fall.
Let me remind you they did not set a specific date for gemini launch (even though they previously stated no later than march 2015, which have not come to pass).
SEC and FINCEN have still yet to finish dealing with the twins regarding regulations, and if/when they receive the greenlight, they still have to figure out on THEIR end how they have completely complied with the regulations, etc etc all the details.
All I am saying is, months will still have to pass before gemini is realized. Even then, gemini is still one more regulated exchange along with coinbase, itbit, etc. The real kicker is the ETF, and they have more or less said no eft before gemini, and possibly LONG after since it is much more complicated process.
Take it easy, nothing new was revealed. Same place, same as always.
