Re: Winklevoss ETF update, what does this mean?

Quote from: Guido on January 06, 2015, 07:29:39 PM

Quote from: QuestionAuthority on January 06, 2015, 07:05:22 PM

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?

My opinion is that, if they get it through the system and get it listed it will be an enormous flop. I wonder how much of Zuckerberg's money they have jacked off between this and their BitInstant investment. ROFL