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Winklevoss Bitcoin Trust (IPO) (COIN)

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Last Post: 3/3/2015 10:34:19 PM - Followers: 6 - Board type: Free - Posts Today: 0

- As the Winklevoss twins’ bitcoin ETF moves regulatory approval process, the duo filed an updated Form S-1 statement with the SEC on Tuesday (the form used to register securities). This is the fourth amendment to the form, and the most prominent thing to come out of it is that they’ve picked a ticker symbol. Shares in the Winklevoss Bitcoin Trust will be registered under the symbol COIN (we were surprised to learn that nobody had it, but nobody did), according to the amendment, which is dated July 1 (a year to the day of the initial filing, incidentally). They will trade on the Nasdaq OMX, as announced back in May. Most of the other changes comprise minor tweaks. In a section talking about government regulations, they add Switzerland as a government that’s moving toward clearer regulations, and note Bolivia’s central bank banned bitcoin. There are a few additions to the risk factors. One notes that since the core bitcoin developers aren’t paid for their work (in general), they could, possibly, stop maintaining the protocol. In a section describing the danger of a 51% attack, they add a discussion of the recent news that GHash.io recently touched the 50% mark. The ETF is still winding its way through the SEC’s approval process. “Under the securities laws we are not permitted to discuss timing to launch or effectiveness,” Cameron Winklevoss said. “However, identifying the ticker symbol and the exchange are two major events that further demonstrate that we are moving forward as expected.” (Paul Vigna)
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#12   nooooooooooooooooo C-Money365 03/03/15 10:34:19 PM
#11   A scam bitcoin startup that failed. MarketShark 03/03/15 06:43:28 PM
#10   What is BTCC? C-Money365 03/03/15 02:37:54 PM
#9   When will this start trading? re-actor 02/09/15 09:02:03 AM
#8   This will be bigger then the invention of eddy2 01/28/15 10:16:52 AM
#7   Winklevoss twins pitch their bitcoin ETF to gold bugs raangel 01/27/15 08:20:43 AM
#6   Winklevoss Twins Plan Regulated US Bitcoin Exchange raangel 01/26/15 08:01:43 AM
#5   Crazy I love it. I can't wait until eddy2 01/08/15 03:49:51 PM
#3   No date has been released yet. Check out MarketShark 07/02/14 11:15:15 PM
#2   when will this start to trade? penny runner 07/02/14 02:10:55 PM
#1   Big_Money_Upward first on the scene! Big_Money_Upward 07/01/14 09:44:18 PM
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