Winklevoss Brothers Name State Street as Bitcoin ETF Administrator

in #news8 years ago (edited)

If approved by the SEC, the Winklevoss fund would be the first bitcoin ETF issued by a U.S. entity. Investors Cameron and Tyler Winklevoss on Tuesday filed amendments to their proposed bitcoin exchange-traded fund, naming State Street as administrator, according to a filing with the Securities and Exchange Commission.

The Winklevoss brothers, identical twins, had filed their first application for a bitcoin ETF called Winklevoss Bitcoin Trust three years ago.

Investors have shown keen interest in the Winklevoss ETF. If approved by the SEC, this would be the first bitcoin ETF issued by a U.S. entity.

Read more at the full article here: http://fortune.com/2016/10/18/winklevoss-state-street-bitcoin-etf-administrator/

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If the etf gets going I think you may have a rally in bitcoin what do you think

Great post! Love the info. Reblogged and upvoted 👍🍀

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