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

Uhm, I think that is the point - an exchange-traded fund (ETF) that is tied solely to the price of Bitcoin. What were you expecting?

Read up the thread. I was responding to jbreher.