Bitcoin Price Stability May Count for Winklevoss, SolidX, Barry Silbert ETF Approval
The Bitcoin market today is getting more stable than before. Could it help the three United States companies presently seeking to run Bitcoin Exchange and Traded Funds (ETF) get approved? The Winklevoss Bitcoin ETF will see a final decision from the Securities and Exchange Commission by March 11 while SolidX expects its decision on March 17. A firm run by technology entrepreneur Barry Silbert recently filed with the Securities and Exchange Commission to list its Bitcoin Investment Trust on the New York Stock Exchange. Though there has been a growing view that the listing of a Bitcoin ETF....
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A new Bitcoin ETF provider has entered the competition alongside Winklevoss Bitcoin Trust and SolidX. Grayscale Investments, the child company of Barry Silbert’s Digital Currency Group, filed an S-1 registration statement with the Securities and Exchange Commission (SEC) to list its Bitcoin Investment Trust on the New York Stock Exchange. Since 2013, Grayscale Investment’s Bitcoin Investment Trust has been providing a unique method for investors and traders to purchase Bitcoin in a more regulated ecosystem by selling the shares of Bitcoin Investment Trust, hereinafter GBTC, on a public....
SecondMarket CEO Barry Silbert made news on 19th March when he revealed that Bitcoin Investment Trust, his private investment vehicle for high net-worth investors, would open its doors to the general public as soon as Q4 2014. The news surprised many, especially given the struggles reported by Cameron and Tyler Winklevoss, whose Winklevoss Bitcoin Trust has been waiting in regulatory limbo since July 2013 while it waits for SEC approval. In initial reports, Silbert discussed his intent to list the fund on OTCQX, an electronic marketplace operated by OTC Markets Group Inc. that offers....
The Bitcoin Investment Trust (BIT) now holds more than 100,000 BTC, according to Barry Silbert, CEO of SecondMarket and founder of the trust. Silbert has big plans for the Bitcoin Investment Trust, which is expected to open for public investors sometime in the fourth quarter of 2014. For the time being, the trust is a private investment vehicle but once it opens to the general public, the fund is expected to attract a new breed of bitcoin investors. Silbert believes the 100,000 mark is a big milestone for BIT, and it's hard to argue otherwise. After all, this grand total amounts to almost....
See the announcement here. Barry Silbert sends out a teaser tweet. Founder and CEO of SecondMarket Barry Silbert, took to Twitter on Wednesday evening to tease his followers. Barry Silbert tweeted that he will be sharing some interesting news about the Bitcoin Investment Trust, the next day. Excited to share some @BitcoinTrust news tomorrow... The Bitcoin Investment Trust has received a great deal of interest since its announcement in September of last year, allowing accredited and institutional investors to be exposed to the bitcoin realm sans having to deal with buying, storing, and....
Inside Bitcoins New York will host Barry Silbert as a speaker on Day 3 of the event in a moderated “Fireside Chat”. Barry Silbert will discuss bitcoin investing, and the latest trends, changes, technologies, and companies currently shaping bitcoin. Barry Silbert has been a key leader in the rising bitcoin industry, even being selected in Fortune’s “40 under 40” in 2011, and this year has been named Entrepreneur of the Year by Ernst & Young and Crain’s. He is most respected for his founding of the Digital Currency Group, SecondMarket, and the Bitcoin Investment Trust (BIT)- the world’s....