Bitcoin Forum

Economy => Speculation => Topic started by: emanymton on June 16, 2016, 03:42:19 AM



Title: Having xbt listed on the stock exchange
Post by: emanymton on June 16, 2016, 03:42:19 AM
Hi all,
I'm just wondering if there's any reason why xbt isn't listed as a fund or currency on the worldwide stock exchanges?
We all know about the winklevoss etf several years ago, that doesn't seem to be going anywhere any time soon...
What I'm asking is, why isn't there an effort to have btc listed on the stock exchange as an etf in every other country in the world?
Couldn't we just apply in every country to have it listed on that countries stock exchange? Wouldn't that open it up to the international market?
we all know that getting vc money into btc will have the most impact on prices yet we seem to be lagging all around the world in getting things together in this regard...
please correct me if i'm wrong


Title: Re: Having xbt listed on the stock exchange
Post by: notme on June 16, 2016, 04:03:48 AM
GBTC is available, but currently the premium is insane (each share represents 0.1 BTC, and is it closed at $115 today, implying $1150/BTC).  It would be great if there were more options.


Title: Re: Having xbt listed on the stock exchange
Post by: emanymton on June 16, 2016, 04:08:34 AM
GBTC is available, but currently the premium is insane (each share represents 0.1 BTC, and is it closed at $115 today, implying $1150/BTC).  It would be great if there were more options.
I honestly don't see why we don't try to have it listed on every major stock exchange in the world. How much does it cost to put these proposals together? Could we just do one and then have a template for other markets which would need minimal changing? Couldn't we also do this for multiple different crypto's and have a new class of asset/commodity called crypto or something?


Title: Re: Having xbt listed on the stock exchange
Post by: notme on June 16, 2016, 05:50:25 AM
GBTC is available, but currently the premium is insane (each share represents 0.1 BTC, and is it closed at $115 today, implying $1150/BTC).  It would be great if there were more options.
I honestly don't see why we don't try to have it listed on every major stock exchange in the world. How much does it cost to put these proposals together? Could we just do one and then have a template for other markets which would need minimal changing? Couldn't we also do this for multiple different crypto's and have a new class of asset/commodity called crypto or something?

That would be cool, but I don't know who this "we" is that you want to do things for you.