The Winklevoss Bitcoin Trust exchange-traded fund (ETF) will go public following

[j753k]

The Winklevoss Bitcoin Trust exchange-traded fund (ETF) will go public following a final filing last week to have the trust listed on the NASDAQ.
https://coinreport.net/winklevoss-bitcoin-trust-etf-applies-listing-nasdaq/

Scoop up those cheap coins quick!!!

[N12]

You know it's trustworthy when it comes from a news website with "coin" in its title.

 

[stonerider]

http://siliconangle.com/blog/2015/01/01/winklevoss-bitcoin-trust-etf-files-to-list-1-million-shares-on-nasdaq/

is reporting the same news.

Is this real? Will this really take BTC to the moon and beyond? Should I get my fiat ready for purchase on coinbase?

[kryptopojken]

Gentlemen, start your engines

[N12]

http://siliconangle.com/blog/2015/01/01/winklevoss-bitcoin-trust-etf-files-to-list-1-million-shares-on-nasdaq/

is reporting the same news.

Is this real? Will this really take BTC to the moon and beyond? Should I get my fiat ready for purchase on coinbase?

It's old news (Jan 1st): http://siliconangle.com/blog/2015/01/01/winklevoss-bitcoin-trust-etf-files-to-list-1-million-shares-on-nasdaq/

This coinblahblah "news" source only put an unsubstantiated title to it.

[stonerider]

Okay, it's an old news, 5-days old to be exact, masquerading as new news!

What will be the effect of the Winklevoss twin's ETF on the price of BTC?

[j753k]

http://finance.yahoo.com/news/winklevoss-bitcoin-etf-takes-one-185513402.html;_ylt=A0LEVjfRFqxUH7oAaLYPxQt.

Could be the last week to scoop up sub 300 coins.

[phoenix1]

http://finance.yahoo.com/news/winklevoss-bitcoin-etf-takes-one-185513402.html;_ylt=A0LEVjfRFqxUH7oAaLYPxQt.

Could be the last week to scoop up sub 300 coins.

Stop spamming old news you fool. And if you even bothered to read it you would see it is no big deal ATM.

The filing did not include a launch date or expense ratio, indicating the Bitcoin Trust is not close to coming to market.

Dated 31st Dec ... this is last year's news. I've got some old magazines you can read if you want.

[Chalkbot]

http://finance.yahoo.com/news/winklevoss-bitcoin-etf-takes-one-185513402.html;_ylt=A0LEVjfRFqxUH7oAaLYPxQt.

Could be the last week to scoop up sub 300 coins.

From the second paragraph of the article you linked:

"...the Bitcoin Trust is not close to coming to market."

[riiiiising]

Sad statement that a bitcoin ETF is still the most exciting item on the forecast for bitcoin.

It's not an innovation, just another path for greater fools to buy coins. Of course, if they actually wanted them, they would have bought them by now on their own, but I digress...

[re-actor]

The SEC-filings are on Nasdaq, so trustworthy it is, even though no effective date has been scheduled.
"Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective."

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001193125-14-457552.txt&FilePath=\2014\12\31\&CoName=WINKLEVOSS+BITCOIN+TRUST&FormType=S-1%2FA&RcvdDate=12%2F31%2F2014&pdf=

Also, the number of shares will be 1M, and go on offer for $20,09 each.

[j753k]

PUMP INCOMING, LOOK AT THAT VOLUME

[kilter71]

The SEC-filings are on Nasdaq, so trustworthy it is, even though no effective date has been scheduled.
"Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective."

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001193125-14-457552.txt&FilePath=\2014\12\31\&CoName=WINKLEVOSS+BITCOIN+TRUST&FormType=S-1%2FA&RcvdDate=12%2F31%2F2014&pdf=

Also, the number of shares will be 1M, and go on offer for $20,09 each.

Can anyone, from experience, talk about how soon "as soon as practicable" is, on this type of filing?

[NUFCrichard]

The SEC-filings are on Nasdaq, so trustworthy it is, even though no effective date has been scheduled.
"Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective."

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001193125-14-457552.txt&FilePath=\2014\12\31\&CoName=WINKLEVOSS+BITCOIN+TRUST&FormType=S-1%2FA&RcvdDate=12%2F31%2F2014&pdf=

Also, the number of shares will be 1M, and go on offer for $20,09 each.

So $20mil to start with? That's a bit undrwhelming.

[ivyleague1985]

The SEC-filings are on Nasdaq, so trustworthy it is, even though no effective date has been scheduled.
"Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective."

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001193125-14-457552.txt&FilePath=\2014\12\31\&CoName=WINKLEVOSS+BITCOIN+TRUST&FormType=S-1%2FA&RcvdDate=12%2F31%2F2014&pdf=

Also, the number of shares will be 1M, and go on offer for $20,09 each.

So $20mil to start with? That's a bit undrwhelming.

Other ETFs are coming on the way. They are pending for regulatory approvals.

[ivyleague1985]

At the price of $287, $20m will buy up 70K coins. And bitstamp will buy back 18-19k coins. I am neutral now, your guys to figure whether the price should go up or down.

[JamesBrown]

Ignoring the old news, can someone explain why is this ETF being hailed as the second coming of Jesus?

[fish731]

Ignoring the old news, can someone explain why is this ETF being hailed as the second coming of Jesus?

Because the big boys can trade bitcoins there without having to worry if it gets hacked like bitstamp. At least that's what I was told, but don't ask me how it works.