Why haven't many or any people picked up on the lack of demand for similar ish European initiatives likes the Swedish ETN and the Global Advisers one?
Are they fundamentally set up in a less sexy way, accessed in a completely different way or will the American versions be open to a different class of money? I haven't paid them enough attention to know. There's plenty of money in Europe too which has barely shown a peep of interest.
And here's some fun baseless speculation as well.
http://i.imgur.com/ve98cR9.pngThere are some other ways to purchase Bitcoin through overseas market, but the US market and the availability of an ETF which brings in major investment funds and legitimacy is what would be a major bullish long term play on Bitcoin. I don't think a Swedish ETN (Bitcoin tracker one" (BTO) that's listed on NASDAQ/OMX in Stockholm), and the Global Advisors Investment Fund plc (GABI) which is listed on the Channel Islands Securities Exchange (CISE) says mainstream in any way shape or form.
