the profits the fund rakes. There are two ETFs in the works. Initial Offering Size 65 million (1000 baskets of 10000 shares at 65 per share, a price which will change depending on bitcoin's price at launch) 1M, fees, don't know, don't know; only clue is this nyse Arca filing, regarding transaction fees: "Such expenses may vary. Number two: When gold ETFs were first introduced in the mid-2000s, led by sponsors Benchmark Asset Management and Gold Bullion Securities, the gold spot price tripled within 5 years. Oh, and gbtc has 200M in AUM. Let me know in the comments! Additional disclosure: I own a material amount of bitcoin and cryptoassets. Edit 3/2/2015: The BIT was assigned an OTC ticker yesterday. I have no business relationship with any company whose stock is mentioned in this article. The difference between the two trend lines at any point in time will give you the fair value price impact from their bitcoin wert 2012 differences in supply.
Coin ETF details, the coin ETF is the more well known of the two ETFs. Nevertheless, lets see if the results make any sense.
Disclosure: I am/we are long gbtc. With the millions in bitcoin provided by the Winklevii and the regulatory expertise provided. Kathleen Moriarty is another key player behind the Trust. So, what are Bitcoin ETFs? Most investors, like my dad, are used to buying stocks through their online brokerage. Gemini Exchange to buy and secure bitcoin underlying the ETF shares. She brings instant credibility to a less-than-credible investment product. ETFs hence trade similarly to a stock, and do not have a net asset value (NAV) calculated once at the end of every day.
Bitcoin Investment Trust (gbtc) Stock Chart
Charts: How an ETF Approval Could Impact Bitcoin s Price
Grayscale bitcoin trust BTC (gbtc) Stock Price,"
Gbtc Stock Price - Grayscale Bitcoin Trust Stock" (U