Bringing you live news and features since 2006 

Winkelvoss twins plan Bitcoin ETF


Tyler and Cameron Winkelvoss, the twins best known for suing Facebook chief executive Mark Zuckerberg, and the main backers of Bitcoin, are planning to launch an exchange-traded fund for the virtual currency.

According to a regulatory filing made with the US Securities and Exchange Commission (SEC), the Winkelvoss Bitcoin Trust will look to sell a million Bitcoin shares, each valued at 0.20 Bicoins which, “will represent a cost-effective and convenient means to access exposure to Bitcoins.”
The trust’s sponsor is Math-Based Asset Services, a Delaware limited liability company formed on 9 May 2013, which is wholly-owned by Winklevoss Capital Management.

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by