Topic: Is this approval? (Read 744 times)
LMFAO this is just a s-1/A they still don't have all their information straight... you guys were talking like this filing was almost done when they didn't even pay a registration fee or list the amount of shares set to release... 201million shares?! Sounds like a few sathoshi per share LMFAO! Whoever buys this ETF is going to get tossed!
hmm, are this shares already sold ?
1,000,000 shares at $20.09
http://www.sec.gov/Archives/edgar/data/1579346/000119312514457552/d721187ds1a.htm#toc721187_17
1,000,000 shares at $20.09
http://www.sec.gov/Archives/edgar/data/1579346/000119312514457552/d721187ds1a.htm#toc721187_17
Quote
Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(d) under the Securities Act of 1933. Each Share comprising the initial Baskets of Shares represents 0.20 bitcoins and is offered at a per Share price equal to the price equal to the number of bitcoins comprising such Share. The price of bitcoins is based on a weighted average of the average of the high and low transaction prices of bitcoins on June 27, 2013 on three major Bitcoin Exchange sites: Mt. Gox, BitStamp and BTC-e. On June 27, 2013, this price was $100.45/bitcoin.
Nothing in that text says so. Price is for estimating a fee.
And no, it's not approval, it appears to be yet another amendment to their submission ...
hmm, are this shares already sold ?
1,000,000 shares at $20.09
http://www.sec.gov/Archives/edgar/data/1579346/000119312514457552/d721187ds1a.htm#toc721187_17
1,000,000 shares at $20.09
http://www.sec.gov/Archives/edgar/data/1579346/000119312514457552/d721187ds1a.htm#toc721187_17
Quote
Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(d) under the Securities Act of 1933. Each Share comprising the initial Baskets of Shares represents 0.20 bitcoins and is offered at a per Share price equal to the price equal to the number of bitcoins comprising such Share. The price of bitcoins is based on a weighted average of the average of the high and low transaction prices of bitcoins on June 27, 2013 on three major Bitcoin Exchange sites: Mt. Gox, BitStamp and BTC-e. On June 27, 2013, this price was $100.45/bitcoin.
I think so! Now ppl get a new traditional way to involve in bitcoin investing. It will increase more wide user base!
I'm surprised they can file anything over the Christmas holidays.
^No, that's despair. A new revision has been filed.
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