Here's One Way of Saving the Winklevoss Twins' Bitcoin ETF Dream
ETN instead of ETF.
The Winklevoss twins add ether to bit coin exchange.
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The Winklevoss twins seem to have the best timing but the worst luck.
When the Winklevii filed for a physically backed bitcoin exchange-traded fund nearly three years ago, it created a stir. Their zeitgeist-capturing ETF filing garnered more press attention than all 139 new ETF launches that year combined but soon ran into a wall in the form of U.S. securities regulators.