http://www.forbes.com/sites/jonmatonis/2013/06/25/exante-adds-share-trading-to-global-bitcoin-fund/Interesting quotes at the end:
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.
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.
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.
