Author

Topic: Winklevoss ETF question (Read 1014 times)

sr. member
Activity: 448
Merit: 250
February 23, 2014, 11:50:51 AM
#8
hero member
Activity: 700
Merit: 500
daytrader/superhero
February 22, 2014, 11:36:59 PM
#7
Does Gold have more liquidity than the GLD?

Yes. 
sr. member
Activity: 448
Merit: 250
February 22, 2014, 10:40:01 PM
#6
Does Gold have more liquidity than the GLD?
legendary
Activity: 2156
Merit: 1070
February 22, 2014, 10:10:42 PM
#5
With all the talk of the upcoming Winklevoss ETF, I'm curious to know how come the bitcoin price is anticipated to surge when it goes into effect???
Can anybody explain the reasoning of this expectation?

It is all the Roth and 401K money "tied up" in corporate retirement accounts - like mine.   I cannot allocate my retirement funds to anything that is not on the SEC approved exchanges.
Once the ETF is in place, a great deal of money (billions?) is then available to be put into it.

I know of many others in the same boat... ready to put a % of the retirement $ into the Winkleviss ETF.
Many of us are NOT confident in the US dollar and have already put much of our retirement into precious metals, energy, etc.
It will be HUGE and will move the btc price.



It would, but ETFs are not supposed to be the tail that wags the dog. The underlying asset should have solid exchange foundation and higher liquidity than the ETF itself. For this reason I highly doubt the ETF will be approved.

Willing to make a bet on your doubt?
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
February 22, 2014, 09:21:32 PM
#4
With all the talk of the upcoming Winklevoss ETF, I'm curious to know how come the bitcoin price is anticipated to surge when it goes into effect???
Can anybody explain the reasoning of this expectation?

It is all the Roth and 401K money "tied up" in corporate retirement accounts - like mine.   I cannot allocate my retirement funds to anything that is not on the SEC approved exchanges.
Once the ETF is in place, a great deal of money (billions?) is then available to be put into it.

I know of many others in the same boat... ready to put a % of the retirement $ into the Winkleviss ETF.
Many of us are NOT confident in the US dollar and have already put much of our retirement into precious metals, energy, etc.
It will be HUGE and will move the btc price.



It would, but ETFs are not supposed to be the tail that wags the dog. The underlying asset should have solid exchange foundation and higher liquidity than the ETF itself. For this reason I highly doubt the ETF will be approved.
member
Activity: 151
Merit: 36
February 22, 2014, 04:13:28 PM
#3
With all the talk of the upcoming Winklevoss ETF, I'm curious to know how come the bitcoin price is anticipated to surge when it goes into effect???
Can anybody explain the reasoning of this expectation?

It is all the Roth and 401K money "tied up" in corporate retirement accounts - like mine.   I cannot allocate my retirement funds to anything that is not on the SEC approved exchanges.
Once the ETF is in place, a great deal of money (billions?) is then available to be put into it.

I know of many others in the same boat... ready to put a % of the retirement $ into the Winkleviss ETF.
Many of us are NOT confident in the US dollar and have already put much of our retirement into precious metals, energy, etc.
It will be HUGE and will move the btc price.

newbie
Activity: 3
Merit: 0
February 22, 2014, 12:20:02 PM
#2
especially in light of recent mtgox hijinx, their ETF would allow people to invest who are otherwise (and rightfully) apprehensive about bitcoin.  The difference between filing and getting approved by the SEC vs starting a website is huge.  Plus, the taxation question is a concern for most of us, but if you were to invest through a roth IRA, i would think it doesn't matter how they are or aren't taxed, you won't pay anything on the gains.
newbie
Activity: 46
Merit: 0
February 22, 2014, 11:32:29 AM
#1
With all the talk of the upcoming Winklevoss ETF, I'm curious to know how come the bitcoin price is anticipated to surge when it goes into effect???
Can anybody explain the reasoning of this expectation?
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