Winklevoss Twins Make Best Case Against Bitcoin Fund
The Winklevoss ETF's own filing makes the best arguments against treating Bitcoin as an investment asset.
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The Winklevoss twins are looking to create an exchange-traded fund for the online currency Bitcoin. Their company, Math-Based Asset Services LLC, filed forms with the U.S. Securities and Exchange Commission yesterday.
The goal is to let traders and investors in on the roller-coaster ride that is Bitcoin -- without having to go through online currency exchanges, which are unregulated and tricky to access.