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Author Topic: [2015-04-29] Bloomberg: XBT Provider Launches World's First Bitcoin Exchange...  (Read 1050 times)
LiteCoinGuy (OP)
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April 29, 2015, 09:41:09 AM
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XBT Provider Launches World's First Bitcoin Exchange Traded Note on Nasdaq Stockholm

Stockholm, SWEDEN (April 28, 2014) - XBT Provider AB (publ) announced today the authorization of Bitcoin Tracker One, the first bitcoin-based security available on a regulated exchange. XBT Provider is launching this financial instrument to meet the needs of investors' growing appetite for exposure to Bitcoin prices.

http://www.bloomberg.com/research/markets/news/article.asp?docKey=600-201504290300HUGIN___EUPRX____HUG1916185-1

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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kjlimo
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April 29, 2015, 09:53:52 AM
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Makes sense that it wouldn't be in the US... US regulation is slow in their application review.

So is there a way for me to out USD into this exchange from the United States?

Instructions on how I do this would be helpful.

Thanks!

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Alley
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April 29, 2015, 12:33:00 PM
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How will this work?  Will they buy and hold 1 bitcoin for every share purchased?
LiteCoinGuy (OP)
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April 29, 2015, 02:05:40 PM
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Europe is very positive towards Bitcoin, which is great. The bad thing is that we're getting more exchanges and investment funds and not many real services.
I would prefer if Bitcoin was something more than just a speculative investment manipulated by the whales.

BTC is alot more usefull than 2-3 years ago. usefullness will rise like everything else. just wait and watch.  Smiley

Kaneki
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April 29, 2015, 03:03:10 PM
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This is good news, hopefully with this can increase investment against Bitcoin.
LiteCoinGuy (OP)
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April 29, 2015, 07:10:55 PM
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http://www.coindesk.com/swedens-nasdaq-exchange-approves-bitcoin-based-etn/

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April 29, 2015, 10:08:04 PM
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Whats the ticker and where can i track it?
kjlimo
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April 30, 2015, 04:41:49 PM
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Can someone in the United States use this?

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