Re: Winklevoss ETF update, what does this mean?

Well, here it is and it looks like Bitcoin all by itself.

http://www.sec.gov/Archives/edgar/data/1579346/000119312514457552/d721187ds1a.htm

"The Shares will consist of Bitcoin deposits" This ain't no S&P 500 index ETF. They're fucked. lol

nice find
cheers for link

what is your feeling about this etf? will it be allowed? will it be a flop?