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Title: 2013-06-25 Forbes- Exante Adds Share Trading To Global Bitcoin Fund Post by: BitChick on June 25, 2013, 11:47:27 PM http://www.forbes.com/sites/jonmatonis/2013/06/25/exante-adds-share-trading-to-global-bitcoin-fund/
Interesting quotes at the end: Quote Current assets under management in the Bitcoin Fund are $9.76 million (93,000 BTC) and there is no performance-based fee. The Exante Bitcoin Fund master wallet address is the second largest bitcoin address on the network as recently published by Bitcoin:Views. Their holdings represent nearly 1.0% of all bitcoins in existence. Quote the company has not registered any U.S. clients yet, claiming that U.S. securities law makes the fund open only to “qualified purchasers” with a minimum of $5.0 million in investment assets. Again, the US is making it difficult for big investors to get into BTC. The US could stand to lose so much by all the "regulation." We will sit by and let other countries take advantage of these opportunities. Quote large merchants of bitcoin now have a reliable method to hedge their bitcoin inventories without having to liquidate actual bitcoin on a daily basis. Will this help BTC prices increase perhaps? I am always looking for positive new in that regard. ;) Title: Re: 2013-06-25 Forbes- Exante Adds Share Trading To Global Bitcoin Fund Post by: kjlimo on June 26, 2013, 01:28:11 AM I wonder when something like this will be available for people who don't have $5 million to invest (for those of us in the US)...
Title: Re: 2013-06-25 Forbes- Exante Adds Share Trading To Global Bitcoin Fund Post by: patryn on September 20, 2013, 12:48:20 AM I wonder when something like this will be available for people who don't have $5 million to invest (for those of us in the US)... Soon, wait for the Winklevoss ETF.Title: Re: 2013-06-25 Forbes- Exante Adds Share Trading To Global Bitcoin Fund Post by: kjlimo on September 20, 2013, 01:47:42 AM I wonder when something like this will be available for people who don't have $5 million to invest (for those of us in the US)... Soon, wait for the Winklevoss ETF.Reading some old news, eh? |