The highway to a Bitcoin ETF has valid to be flattering severe for a Winklevoss twins. First mentioned in 2013, a ETF has nonetheless to be authorized by a SEC, some-more than 2 years after a initial filing. In a new days, a filing was nice to change a sell a ETF would be traded on. On a Forbes website, we read:
In their three-year-long query to offer a Bitcoin ETF, twin brothers Cameron and Tyler Winklevoss done several amendments to their regulatory filing with a Securities and Exchange Commission Wednesday.
After primarily determining to list a due Winklevoss Bitcoin Trust (which would go by a ticker pitch COIN) on Nasdaq, they’ve switched to BATS Global Markets, that has turn a renouned choice for newly launched ETFs and is famous for a carrying technologically modernized exchange.
The nice filing also named a Winklevoss’s Gemini Trust Company as a protector for a bitcoin hold by a Trust, and set a value for a Trust’s bitcoin during a 4pm Eastern Time mark cost any day