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What if Winklevoss' bitcoin ETF would be the same as Barry Silbert's GBTC
by
backb
on 05/04/2015, 19:30:21 UTC
What if Winklevoss Twins' bitcoin ETF (NASDAQ) would be the same as GBTC (Barry Silbert's Bitcoin Investment Trust, OTCMKTS):

1: NO trades two weeks after official launch, unlikely for ETF, because Winklevoss Twins can't wait to sell their bags (1 million shares = 100k bitcoins), so there would be sell orders soon as ETF goes live!

2: The ETF will only got less than total 75 bitcoins buy orders like GBTC does (GBTC only has 750 shares bid list = 75 btc demand http://www.otcmarkets.com/stock/GBTC/quote).
http://i.imgur.com/dh2qsBe.jpg


If thing comes out like this, does it mean neither wall street nor average joe (who invest with their retirement account) is waiting to get in and in fact nobody care about bitcoin?