[2016-06-30] Winklevoss Bitcoin Trust is not to be listed on Nasdaq

[smartgerman]

Winklevoss Bitcoin Trust is not to be listed on Nasdaq
The founders of Gemini crypto exchange amended regulatory filing for their bitcoin ETF. Changes concern the place of listing, custodian of the ETF and procedure for valuing the Trust’s bitcoin.
http://www.coinfox.info/news/5824-bratya-uinklvoss-otkazalis-ot-razmeshcheniya-svoego-bitkoin-trasta-na-nasdaq-2

[Jatmin]

"Experts suppose that the decision in favour of BATS Global Markets is driven by the fact that it is gaining popularity among newly launched ETFs. Besides, the exchange is known as technologically advanced. However, the main reason behind the brothers’ move may well be an attempt to change tactics and finally gain the approval of the Securities and Exchange Commission. Their previous application for a listing has been pending for as long as three years."

[Bit_Happy]

"Experts suppose that the decision in favour of BATS Global Markets is driven by the fact that it is gaining popularity among newly launched ETFs. Besides, the exchange is known as technologically advanced. However, the main reason behind the brothers’ move may well be an attempt to change tactics and finally gain the approval of the Securities and Exchange Commission. Their previous application for a listing has been pending for as long as three years."

"Pending for as long as three years..."
Wasn't Bitcoin supposed to take away the power of the Gov't to make us wait over 3 years for the King's approval?

[gentlemand]

Three years really isn't that long. If I remember rightly the first gold ETF took a lot longer than that to approve and I believe that many people in the SEC know what gold is.