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Bitcoin by Bitcoin, the Winklevii ETF Inches Closer to Reality

It looks increasingly like the Winklevoss Bitcoin Trust (COIN) will actually launch.

If it hits the market later this year, it will come a decade after the inception of the world's largest gold fund, SPDR Gold Shares (GLD ). COIN was modeled on GLD and in some ways is trying to be a new generation's version of gold. The cyptocurrency would move closer to the mainstream in an exchange-traded fund wrapper.