Why a Winklevoss Bitcoin ETF Is Sitting in Limbo

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Investors are removing sleepy of watchful for a Winklevoss Bitcoin ETF (Nasdaq: COIN).

The initial U.S. Securities and Exchange Commission (SEC) S-1 filing for a Winklevoss Bitcoin Trust (the fund’s central name) was done in Jul 2013, scarcely 3 years ago.

The Winklevoss Bitcoin ETF offer outlines an exchange-traded account some-more or reduction modeled on a renouned SPDR Gold Trust ETF (NYSE Arca: GLD).

Winklevoss Bitcoin ETFTwins Cameron and Tyler Winklevoss set out to emanate a account to make investing in Bitcoin as easy as shopping a stock. People can buy tangible bitcoins of course, though for many that stays a technically intimidating option. So theoretically a Winklevoss Bitcoin ETF will open adult Bitcoin to a most wider pool of investors.

But there’s been no news on a regulatory swell of a Winklevoss Bitcoin Trust for some-more than a year. Last Jan a Winklevoss Bitcoin ETF filed an amendment to the handbill of the vigilant to list 1 million shares during $20.09 a share.

Since then, nada. The prolonged news drought has

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