Post
Topic
Board Speculation
Re: SecondMarket Bitcoin Investment Trust Observer
by
ensurance982
on 05/05/2015, 16:40:29 UTC
Does anyone know how long it take to receive the cash after you sell your matured shares ?

I believe people in another thread suggested something along the lines of 4 days or so. This could bring us some more money from people selling their shares, and re-buying on the open market a few days later. The only problem with this is, that the volume still isn't really high enough for this to matter!

Well, a few hundreds btc on the bid daily will be very welcome. Probably the volume is going to increase day by day.

What if all people who are eligible to sell their shares have sold them? I don't really see the volume picking up that much, to be honest. We need an ETF that's actually buying coins constantly! GBTC is very good first step, though!