There’s no way around it: Cameron and Tyler Winklevoss really imposed themselves in our news feed this week with their plan to create a Bitcoin exchange-traded fund.The famous twins filed their proposal with the north-American Securities and Exchange Commission (SEC) for a public listing of the Winklevoss Bitcoin Trust.The proposed valuation is around $20 million, but the plan has 18 full ... In 2017, the Winklevoss twins submitted a filing to the SEC for the Winklevoss Bitcoin Trust. However, the SEC quickly denied the application. The SEC cited concerns over the unregulated status of Bitcoin. However, many in the industry pointed out that there are already multiple ETFs for industries that don’t fall under regulations. Bats BZX Exchange . . . filed with the Securities and Exchange Commission the proposed rule change. The Exchange filed a proposal to list and trade Winklevoss Bitcoin Shares (the “Shares”) issued by the Winklevoss Bitcoin Trust (the “Trust”) under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares. Winklevoss has been an angel investor and entrepreneur in emerging technologies since 2003. He began participating in the Bitcoin economy through direct investment in 2012. In addition to being CEO of Gemini, he and his brother Cameron are currently seeking SEC approval for the Winklevoss Bitcoin Trust, a bitcoin ETF, and have launched the WinkDex, a bitcoin price index that will price the ETF. The most famous twins from the technology world, know for their legal battle against Facebook, just filed some important documents with the SEC this Monday night (July 1). It looks like the Winklevoss twins are taking a Bitcoin exchange-traded fund (ETF) public. However, this plan might come with some risks: 18 pages full of risk factors, toRead More Bitcoin reaches a new high for 2019, will $6000 be the next stop? Mike Novogratz thinks BTC won’t see new lows. Mattie will also talk about Binance DEX … Post navigation. Algorand Updates Protocol Enabling Block Creation Time of 4 Seconds. Tesla Shorts Fire Back as Elon Musk Mistakenly Declares Victory. Related posts . Videos . Ripple XRP News: It Has Been Confirmed, XRP Will Lead The ... While yesterday’s pullback of Bitcoin’s price may have irked more than a few investors, many industry leaders remain bullish on the price of crypto assets, including Wall Street’s “Crypto King.” Bitcoin Holding At $6,800 and $7,500 Is A Bullish Sign Bart Smith, Susquehanna’s head of digital assets, recently revealed that he doesn’t see the Winklevoss […] Table of Content Bitcoin price predictions Ethereum price predictions Ripple price predictions Chainlink price predictions Bitcoin and blockchain technology have the chance to revolutionize our financial systems by creating a new “trust layer” which isn’t controlled by politicians or banks. They also enable people to send money around the globe in seconds and at a […]
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