Bitcoin Forum
June 20, 2019, 10:34:09 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 2013-06-25 Forbes- Exante Adds Share Trading To Global Bitcoin Fund  (Read 942 times)
BitChick
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


View Profile
June 25, 2013, 11:47:27 PM
 #1

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. Wink

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
1561070049
Hero Member
*
Offline Offline

Posts: 1561070049

View Profile Personal Message (Offline)

Ignore
1561070049
Reply with quote  #2

1561070049
Report to moderator

0% MINING FEES FOR THE NEXT MONTH. GET PAID IN BTC, ETH, XMR or RVN.

www.cudominer.com Learn More
Easily run CudoOS from a USB flash drive.
Designed for rigs. Manage your mining remotely from Cudo Console.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1561070049
Hero Member
*
Offline Offline

Posts: 1561070049

View Profile Personal Message (Offline)

Ignore
1561070049
Reply with quote  #2

1561070049
Report to moderator
1561070049
Hero Member
*
Offline Offline

Posts: 1561070049

View Profile Personal Message (Offline)

Ignore
1561070049
Reply with quote  #2

1561070049
Report to moderator
kjlimo
Legendary
*
Offline Offline

Activity: 1876
Merit: 1002


View Profile WWW
June 26, 2013, 01:28:11 AM
 #2

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)...

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
patryn
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
September 20, 2013, 12:48:20 AM
 #3

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.
kjlimo
Legendary
*
Offline Offline

Activity: 1876
Merit: 1002


View Profile WWW
September 20, 2013, 01:47:42 AM
 #4

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?

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!