We might soon have a BITCOIN ETF
SolidX is a company which provides blockchain-based software relating to the recording of digital records, transfer of assets, and identity. It plans to launch a ETF product will be called SolidX Bitcoin Trust and will list it on the New York Stock Exchange under the ticker symbol XBTC upon regulatory approval, SolidX Partners said.
SolidX said it will provide investors with exposure to the daily change of the U.S. dollar price of bitcoin.
"Bitcoin is a very exciting development, it might lead to a world currency. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets." - Kim Dotcom
I'm interested to see who gets approved first SolidX or the Winklevoss twins. What do you guys think?