Bitcoin And Winklevoss ETF PYMNTS.com

Winklevoss Bitcoin ETF to Trade on NASDAQ Under ‘COIN’ Symbol

Winklevoss Bitcoin ETF to Trade on NASDAQ Under ‘COIN’ Symbol submitted by BTCNews to BTCNews [link] [comments]

Winklevoss Bitcoin ETF to Trade on NASDAQ Under ‘COIN’ Symbol

Winklevoss Bitcoin ETF to Trade on NASDAQ Under ‘COIN’ Symbol submitted by MuchBitcoin to MuchBitcoin [link] [comments]

Winklevoss Bitcoin Trust ETF (NASDAQ: COIN) IPO

I am wondering how I should go about purchase the Winklevoss Bitcoin Trust ETF (NASDAQ: COIN) should it be approved by the SEC (SEC response deadline 11th March). Obviously, this is probably a stretch as many analysists are giving the SEC approval a 25% chance1. But should it be approved on March 11th, would I be able to start trading it immediately on Monday the 13th under the NASDAQ symbol COIN that has been presented in the SEC fillings2?
Anyone with Robinhood accounts, since the brokerage allows the purchase ETF’s within US markets, would a gold account allow for the purchase of the ETF before markets open(Pre-market)3?
How would you as an individual go about making this potential purchase?
1^ http://etfdailynews.com/2017/02/24/bitcoin-is-surging-amid-chatter-of-winklevoss-etf-approval/
2^ http://www.nasdaq.com/markets/ipos/company/winklevoss-bitcoin-trust-909930-72927
3^ https://support.robinhood.com/hc/en-us/articles/214681903-Extended-Trading-Hours
submitted by Brilliancy1994 to investing [link] [comments]

winklevoss etf

I am wondering how I should go about purchase the Winklevoss Bitcoin Trust ETF (NASDAQ: COIN) should it be approved by the SEC (SEC response deadline 11th March). Obviously, this is probably a stretch as many analysis are giving the SEC approval a 25% chance1. But should it be approved on March 11th, would I be able to start trading it immediately on Monday the 13th under the NASDAQ symbol COIN that has been presented in the SEC fillings2?
Anyone with Robinhood accounts, since the brokerage allows the purchase ETF’s within US markets, would a gold account allow for the purchase of the ETF before markets open(Pre-market)3?
How would you as an individual go about making this potential purchase?
1^ http://etfdailynews.com/2017/02/24/bitcoin-is-surging-amid-chatter-of-winklevoss-etf-approval/
2^ http://www.nasdaq.com/markets/ipos/company/winklevoss-bitcoin-trust-909930-72927
3^ https://support.robinhood.com/hc/en-us/articles/214681903-Extended-Trading-Hours
submitted by Brilliancy1994 to Bitcoin [link] [comments]

5 Reasons The Winklevoss ETF Will Send Bitcoin over 10,000+

http://bitcoinpricelive.com/bitcoin-etf-5-reasons-the-winklevoss-bitcoin-etf-will-send-bitcoin-to-10000/
The Winklevoss Bitcoin ETF is set to go online at the end of 2014. You might remember the Winklevoss twin brothers from the movie The Social Network where they sued Mark Zuckerburg and Facebook to win 50 million dollars. Since then the twins have moved on to start a Bitcoin ETF named the Winklevoss Bitcoin Trust. Once it begins trading, expect the price of Bitcoin to soar to over $10,000.
Here’s 5 reasons why:
  1. Wall Street Money Will Flow Into The Bitcoin ETF. As soon as a person can go to their brokerage account, type in the symbol COIN and buy now, it will put upwards pressure on the price of Bitcoin. There are many wealthy investors who would like to get into Bitcoin but they feel uncomfortable that Bitcoin is not in their name, that they need to backup a wallet, and they need to keep their computer virus free. The Winklevoss ETF will allow the average wealthy investor who is a not technology expert to put large amounts of money into Bitcoin.
  2. The Winklevoss ETF will be promoted as currency diversification on Wall Street Bitcoin is already being regarded by Wall Street as a new currency. The US dollar, Euro, and Yen have been undermined as a store of value. It will be advertised to clients as a high risk, high reward alternative currency.
  3. Trading of the ETF will only be open during stock market hours The COIN ETF can only be bought or sold during the NASDAQ market is open in the United States. This means that the Wall Street investor will only be able to access Bitcoin trading from 9:30 AM EST to 4:30 PM. During this time period, there will be increased volume and more news released about Bitcoin. In the downtime there will be massive speculation about where the Bitcoin ETF will open and for what price. There will be discrepancies of the price between Bitcoin exchanges and the Bitcoin ETF.
  4. Liquidity in Bitcoin markets will increase dramatically. There will be many more Bitcoins trading hands on a daily basis as the Bitcoin ETF will be required to allow shorting as well. This means that investors can bet that Bitcoin will go down as well. When the Bitcoin ETF opens, it will be much easier for Bitcoin Bears to bet that the price will go down. However, this is good for the price of Bitcoin as it will allow investors to bet both sides of the Bitcoin, increasing Bitcoin transactions
  5. The Bitcoin ETF is required to buy additional Bitcoins Details of the Winklevoss ETF reveal that as more money flows into their trust, they are required to buy Bitcoins. Since the supply of Bitcoins is limited, this means they will have to buy from exchanges or over the counter purchases. Recently, the Winklevoss Twins announced they would pay in Bitcoin to go to space via Richard Branson’s Virgin Galatic.
Expect the price of Bitcoin to go space as well!
submitted by rampageEesti to BitcoinMarkets [link] [comments]

PSA: Canadians, GBTC not eligible for TFSA or SD-RRSP accounts.

Attention fellow Canadians, the new Bitcoin Investment Trust (symbol GBTC) is not eligible for TFSA (Tax Free Savings Account) or SD-RRSP (Self Directed Registered Retirement Savings Plan) accounts. Being an over the counter pink sheet, it is deemed too risky for tax free accounts. Just the Canadian government looking out for us. As a long term hodler I was looking forward to a publicly traded fund to exchange some of my bitcoin exposure for some tax free bitcoin exposure but it looks like we'll have to wait for the Winklevoss COIN ETF.
submitted by SwannyMatt to BitcoinMarkets [link] [comments]

Isn't this already an available Botcoin ETF? GBTC (OTC)

Hearing all this talk about Bitcoin ETFs pending approval, but why isn't this readily available OTC getting much attention already - GBTC.
According to my research, each share of this GBTC ETF is equal to approximately .1 Bitcoins, so I dont necessarily understand how these other ETFs everyone is up in arms regarding their pending approval compare to this already available over the counter ETF. Insight would be appreciated.
Everyone keeps talking about the Winklevoss fund pending, making it easier for people to add Bitcoin to their portfolio once approved, but I guess Im not quite understanding how this GBTC fund isnt already making that expressly available, unless it is specifically because it is a OTC pink sheet ETF and why there is so much concern over the potential approval and potential delay of these pending Bitcoin ETFs if there is already a Bitcoin ETF out existing that sort of paves the way to these others being approvable.
https://research.capitaloneinvesting.com/research/customemain/Stocks/Company-Profile?symbol=GBTC
submitted by ElscottHavoc to Bitcoin [link] [comments]

5/9/14 Video News: FEC's confusing guidelines, China censors Bitcoin, and Bitcoin Foundation election results

Video: http://moneyandtech.com/may9-news-update/
Today in Money & Tech:
Yesterday, we reported that the Federal Election Commission issued guidelines allowing bitcoin political donations in response to a specific request from political action committee Make Your Laws. However, we've since learned that the parameters of this decision may extend beyond those laid out specifically for this individual use case. We're joined by Christopher David, founder and CEO of CoinVox, who shed more light on what this decision from the FEC actually means.
USA Today has temporarily changed the logo in the header of their website incorporating the Bitcoin symbol. Clicking on the Bitcoin logo leads to an article on the FEC's approval of bitcoin political campaign donations.
Voting on the Bitcoin Foundation’s two vacant board seats concluded last night with BTC China CEO Bobby Lee and bitcoin entrepreneur Brock Pierce winning by a small margin. Bobby Lee has been a strong voice for the bitcoin community in China, where his bitcoin exchange BTC China has been doing it's best to stand up against the China central bank’s ban on bitcoin-related bank accounts. Brock Pierce, another avid proponent of the bitcoin community, is involved in several bitcoin startups such as GoCoin, ExpressCoin, KnCMiner and Robocoin Asia, and is helping drive the proposal to revive bankrupt bitcoin exchange Mt. Gox.
The proposed plan to revive bankrupt bitcoin exchange Mt. Gox has received preliminary approval in an Illinois court, allowing it to be more formally vetted in Japan. The plan would involve settling the current class action lawsuits, and then granting those former exchange users a 16.5% equity stake in the new operation. However, the defense argues that this plan would also create new lawsuits from both the new and former Mt. Gox users, which could keep the accused parties in litigation for an undefined period of time.
The IRS announced Wednesday that it will be contracting out to cybersecurity nonprofit National Cyber-Forensic Training Alliance starting June 1st. The contract will involve researching crimes utilizing digital currencies, and providing the federal government with real-time cyber threat intelligence. According to the IRS document, the Alliance will be expected to “identify significant cybercriminals engaged in financial crimes, as well as initiatives that highlight virtual currencies and virtual currency exchangers that service criminal clientele.”
The Winklevoss Twins have filed with the SEC to have their new Winklevoss Bitcoin Trust listed on the NASDAQ stock exchange, which would make it the first publicly-listed bitcoin exchange traded fund. According to the SEC filing, the Winklevoss ETF is expected to IPO for $1 million total shares worth a total of 200,000 bitcoins, so that each share is worth one-fifth of a bitcoin.
The China Digital Times has leaked a set of documents instructing Chinese media to censor their coverage of certain sensitive issues in China. This time, bitcoin made the list, which ended with instructions to refrain from participating in or reporting on The Global Bitcoin Summit 2014 kicking off tomorrow in Beijing. The instructions said "All websites are asked not to participate in or report on the summit. Do not hype bitcoins. All reporting on bitcoins must henceforth accord with the specifications of financial regulatory agencies." This comes as additional negative news for the Summit, after the recent announcement from 5 of the largest Chinese bitcoin exchanges that they will not be attending or participating in the event.
Meanwhile in China, a company called Hardbit has announced the release of a physical Bitcoin wallet. About the size of a credit card but thicker, the device touts many security features, as well as a camera to allow it to make in-person bitcoin transactions quickly. The wallet is now on sale in China, with plans to distribute internationally from May 10th onwards.
submitted by moneyandtech to BitcoinMarkets [link] [comments]

Winklevoss Brothers Name State Street as Bitcoin ETF Chief

The Winklevoss Brothers have registered their first application for a bitcoin ETF called Winklevoss Bitcoin Trust three years ago. Investors have shown keen interest in the Winklevoss ETF. If approved by the SEC, this would be the first bitcoin ETF issued by a U.S. entity. According to the amended filing, State Street will provide the fund administration and accounting services, including calculating the bitcoin trust's net asset financial worth (NAV). Another major change involved the ETF's custodian, Gemini Trust Company, doing monthly proof of control exercises and publishing the reports on the ETF's website. Custodian's cold storage system was purpose-built to demonstrate proof of control of the private keys associated with its public bitcoin addresses.
The sponsor and the custodian have engaged an independent audit firm to verify that the custodian can demonstrate 'proof of control' of the private keys that control the Trust's bitcoin on a monthly basis. Burr Pilger Mayer, based in San Francisco and known for working with venture-backed digital currency companies, has been named the ETF's auditor. In addition, the SEC filing said Gemini's daily auction price at 4 p.m. EDT will now be used to price the net asset of the ETF. The prior pricing mechanism was the Gemini spot price. Gemini operates a virtual currency trading scene. Since its launch in September, the Gemini auction has transacted more than 1,900 bitcoin on average per business day, which represents more than 16 percent of all U.S.-based bitcoin exchange volume, according to company data.
The regular auction along with Gemini's expansion has increased the corporation’s market share to about 9 percent of all U.S. dollar-denominated exchange-traded bitcoin volume. The ETF would trade under the ticker symbol COIN.
More at ttm.news
submitted by abbyreedere to CryptoCurrency [link] [comments]

Invest in Eight Cryptocurrencies via One Publicly Traded Stock

BASSETERRE, Saint Kitts and Nevis – July 9, 2015 – Alternative Currencies Investments One Corp. (Symbol: ACI) has opened its Initial Public Offering on the Startup Stock Exchange (SSX). ACI allows investors to purchase public shares and gain exposure to a professionally managed portfolio of eight different cryptocurrencies. ACI is raising USD$100,000 in this public offering to provide traditional investors access to Bitcoin and 7 other cryptocurrencies without the challenge of buying, managing and securely storing the coins. The ACI Investment Vehicle will be professionally managed by Gerardo J. Mogollón Martínez, an expert in international monetary systems and cryptocurrency trading. Mr. Mogollón holds an MBA from Loyola University of Maryland and now operates his own consulting business focused on cryptocurrencies and emerging market opportunities. “Cryptocurrencies are an evolving investment asset and through ACI I can provide traditional investors access to a diversified and professionally managed portfolio of these coins. ACI makes cryptocurrency investing easy for anyone worldwide.” said Mr. Mogollón. “The risk and uncertainties for an average investor to acquire, store and trade individual cryptocurrencies is tremendous. ACI is a portfolio of up to eight different currencies that I will professionally manage based upon my years of experience and more than USD$1,350,000 of total coins transacted.” Mr. Mogollón added. ACI will be the first publicly traded vehicle to invest in a blended asset pool of Bitcoin, Ripple and other alternative currencies such as Litecoin, Dash, Stellar, Dogecoin, BitShares and NXT. Currently, public funds or ETF’s such as the Bitcoin Investment Trust (BIT) and the Winklevoss Bitcoin Trust (TRUST) provide access to Bitcoins, but those investments do not offer the same advantages of ACI such as low minimum investment level, active management, diversification across eight different cryptocurrencies and the possibility of distributions anytime that the value of ACI’s holdings exceed 120% of the invested capital. ACI will raise a total of US$500,000 through three Offerings on the Startup Stock Exchange. ACI will allow investors to purchase as little as one public share and ACI will comply with monthly reporting and the regulatory oversight of a public securities exchange. Shareholders will always have the opportunity to monetize their investment through open market trading with other investors on the Startup Stock Exchange. More information about the ACI public offering is available at: www.Startup.SX/listing/ACI Contact for additional information or interviews: Gerardo J. Mogollón Martínez ACI Investment Manager [email protected]
Ian Haet CEO and Co-Founder Startup Stock Exchange [email protected]
submitted by drbitcoinve to CryptoCurrency [link] [comments]

5/9/14 Video News: FEC's confusing guidelines, China censors Bitcoin, and Bitcoin Foundation election results

Video: http://moneyandtech.com/may9-news-update/
Today in Money & Tech:
Yesterday, we reported that the Federal Election Commission issued guidelines allowing bitcoin political donations in response to a specific request from political action committee Make Your Laws. However, we've since learned that the parameters of this decision may extend beyond those laid out specifically for this individual use case. We're joined by Christopher David, founder and CEO of CoinVox, who shed more light on what this decision from the FEC actually means.
USA Today has temporarily changed the logo in the header of their website incorporating the Bitcoin symbol. Clicking on the Bitcoin logo leads to an article on the FEC's approval of bitcoin political campaign donations.
Voting on the Bitcoin Foundation’s two vacant board seats concluded last night with BTC China CEO Bobby Lee and bitcoin entrepreneur Brock Pierce winning by a small margin. Bobby Lee has been a strong voice for the bitcoin community in China, where his bitcoin exchange BTC China has been doing it's best to stand up against the China central bank’s ban on bitcoin-related bank accounts. Brock Pierce, another avid proponent of the bitcoin community, is involved in several bitcoin startups such as GoCoin, ExpressCoin, KnCMiner and Robocoin Asia, and is helping drive the proposal to revive bankrupt bitcoin exchange Mt. Gox.
The proposed plan to revive bankrupt bitcoin exchange Mt. Gox has received preliminary approval in an Illinois court, allowing it to be more formally vetted in Japan. The plan would involve settling the current class action lawsuits, and then granting those former exchange users a 16.5% equity stake in the new operation. However, the defense argues that this plan would also create new lawsuits from both the new and former Mt. Gox users, which could keep the accused parties in litigation for an undefined period of time.
The IRS announced Wednesday that it will be contracting out to cybersecurity nonprofit National Cyber-Forensic Training Alliance starting June 1st. The contract will involve researching crimes utilizing digital currencies, and providing the federal government with real-time cyber threat intelligence. According to the IRS document, the Alliance will be expected to “identify significant cybercriminals engaged in financial crimes, as well as initiatives that highlight virtual currencies and virtual currency exchangers that service criminal clientele.”
The Winklevoss Twins have filed with the SEC to have their new Winklevoss Bitcoin Trust listed on the NASDAQ stock exchange, which would make it the first publicly-listed bitcoin exchange traded fund. According to the SEC filing, the Winklevoss ETF is expected to IPO for $1 million total shares worth a total of 200,000 bitcoins, so that each share is worth one-fifth of a bitcoin.
The China Digital Times has leaked a set of documents instructing Chinese media to censor their coverage of certain sensitive issues in China. This time, bitcoin made the list, which ended with instructions to refrain from participating in or reporting on The Global Bitcoin Summit 2014 kicking off tomorrow in Beijing. The instructions said "All websites are asked not to participate in or report on the summit. Do not hype bitcoins. All reporting on bitcoins must henceforth accord with the specifications of financial regulatory agencies." This comes as additional negative news for the Summit, after the recent announcement from 5 of the largest Chinese bitcoin exchanges that they will not be attending or participating in the event.
Meanwhile in China, a company called Hardbit has announced the release of a physical Bitcoin wallet. About the size of a credit card but thicker, the device touts many security features, as well as a camera to allow it to make in-person bitcoin transactions quickly. The wallet is now on sale in China, with plans to distribute internationally from May 10th onwards.
submitted by moneyandtech to Bitcoin [link] [comments]

Bitcoin a US$ 1200 e o ETF dos irmãos Winklevoss - YouTube Bitcoin: Winklevoss ETF Files in New York Winklevoss Twins Look to Create Bitcoin ETF SEC rejects Winklevoss bitcoin ETF proposal for the second time Winklevoss’ Bitcoin ETF Bid Shot Down by SEC

Winklevoss Bitcoin Trust ETF aims to be put on NASDAQ stock exchange in new SEC filing. The Winklevoss Bitcoin Trust ETF is number one on our list for a couple of reasons but the first and foremost is that it is backed by the Gemini Exchange. Gemini, if you are not aware, is one of the US leading Bitcoin exchanges and a registered New York financial institution, also founded and owned by the Winkelvoss twins. COIN’s purpose is simple, to track the price of Bitcoin. It will do ... Winklevoss Bitcoin ETF to Trade on NASDAQ Under ‘COIN’ Symbol The Winklevoss twins have filed an amended Form S-1 with the SEC. The minor update reveals a few new facts about the Winklevoss ... The twins’ new bitcoin ETF will be called the Winklevoss Bitcoin Trust and will trade as the ticker symbol COIN. The brothers are aware of the security issues surrounding bitcoin and recommend ... The Winklevoss Bitcoin ETF is expected to get approval from the Securities and Exchange Commission (SEC) sometime this year. But going through the SEC is why Cameron and Tyler Winklevoss lost the ...

[index] [34947] [45236] [37503] [30479] [28555] [24433] [16238] [7259] [18054] [42523]

Bitcoin a US$ 1200 e o ETF dos irmãos Winklevoss - YouTube

The ETF that Winklevoss Trust soon launches will create bridge between conventional stock market and bitcoin. Exact same case applies to the SPDR gold ETF share that skyrocketed the gold price 400 ... Mar.10 -- Bloomberg’s Cory Johnson discusses the Securities and Exchange Commission’s rejection of a filing for a Bitcoin ETF by Cameron and Tyler Winklevoss. He speaks with Caroline Hyde on ... Winklevoss’ Bitcoin ETF Bid Shot Down by SEC - Duration: 2:47. Bloomberg Technology 1,383 views. 2:47. Warren Buffett - The World's Greatest Money Maker - Duration: 59:03. TradingCoachUK ... Hello everyone, I'm here with an update to the Winklevoss ETF. They have filed in New York for Trust Applications. They have filed in New York for Trust Applications. Twitter: https://twitter.com ... Winklevoss Twins Look to Create Bitcoin ETF - Duration: 2:36. Bloomberg 2,035 views. 2:36. Language: English Location: United States Restricted Mode: Off History Help About ...

#