Winklevoss Bitcoin Trust ETF Files for 1m Shares on Nasdaq: More to Be Revealed in January
Earlier today, the Winklevoss Bitcoin Fund, an exchange-traded fund (ETF) founded by Cameron and Tyler Winklevoss formally filed for shares on Nasdaq. The Bitcoin Trust filed with the Securities Exchange Commission to apply to sell 1 million shares. Astute observers have read between the lines and noted that a lack of a specific launch date and/or expense ratio indicates that the ETF is still months away from seeing the public light. Also read: SEC Receptive to Winklevoss Bitcoin Trust ETF. Winklevoss Bitcoin Trust ETF. The Winklevoss Bitcoin Trust is officially sponsored by Math-Based....
Related News
Digital Gold author Nathaniel Popper, who wrote his first Bitcoin article about the Winklevoss Twins' involvement in it, interviewed the twins earlier tonight in New York at an event hosted by GeneralAssemb.ly. Gemini Weeks Away. The burning question among the Bitcoin community was on the progress of Gemini, the brothers' exchange, which will be based in New York. Up to now, they've told the world they were waiting on the finalization of the BitLicense proposal to get things going, although Cameron Winklevoss made sure to say, "Our tech is there. We are ready to operate." Prior to that,....
It has been announced that the Winklevoss twins have filed to sell a little over 20 million shares across the NASDAQ exchange - shares of the two brothers' Winklevoss Bitcoin Trust. Each of the shares represents an interest in the aforementioned trust, which as most of you will now is the bitcoin exchange traded fund that the two brothers a while back. A quick scan through the prospectus reveals the following listed as the "Trust Objective" (essentially what it offers potential investors) as being as follows: The investment objective of the Trust is for the Shares to reflect the....
A new regulatory filing with the Securities and Exchange Commission (SEC) indicates that Cameron and Tyler Winklevoss are planning to have their Winklevoss Bitcoin Trust exchange traded fund (ETF) listed on the NASDAQ stock exchange. If the SEC gives its final approval, investors will be able to buy into the fund and participate by owning "shares" of bitcoins. The filing is an amendment to a series of documents that the ETF has submitted to the SEC in order to get the fund off the ground. It was initially registered with the SEC last July. Math-Based Asset Services. The Winklevoss Bitcoin....
Injecting an additional US$65m into the ecosystem would push the market cap up a bit. That said, it is possible the Winklevoss twins will use a part of their own Bitcoin stash for this project. The SEC has published a document on the Winklevoss Bitcoin Trust, which is set to issue its own shares to investors. The primary objective of this Trust is to hold Bitcoin, and the initiative is sponsored by Digital Asset Services, LLC. The name Winklevoss has been synonymous with Bitcoin for quite some time now. Tyler and Cameron Winklevoss launched their own Bitcoin exchange, called Gemini,....
According to an SEC document filed yesterday, the Winklevoss Bitcoin Trust has filed to switch the listing from Nasdaq to BATS Global Markets and has filed for a maximum offer of $65 million. Having listed their first application to list on Nasdaq, with the Securities and Exchange Commission (SEC) three years ago, the brothers are now looking to list the Winklevoss Bitcoin Trust, their bitcoin exchange-traded fund [ETF] to BATS Global Markets. The filing reveals that the size of the offering will be a listing of 1 million shares, at $65 each. That figure is up from the list price of $20.09....