It was initially registered with the SEC last July. Math-Based Asset Services The Winklevoss Bitcoin Trust would be the first publicly-listed bitcoin ETF.The trust is owned byMath-Based Asset Services, LLC, an entity set up by the Winklevoss twins. According to the SEC filing, the ETF is expected to IPO for 1m total shares. Each share is worth one-fifth of a bitcoin, which would mean that the trust controls 200,000 BTC and at recent prices would be worth roughly $87 per share.
ETF Moves You Can Make Before The Crowd Gets Restless | Seeking Alpha
SPDR S&P InternationalTechnology Sector ETF (IPK) was also flat. Among semiconductor ETFs, SPDR S&P Semiconductor (XSD) andSemiconductor Sector Index Fund (SOXX) are unchanged, after closinghigher on Thursday. In corporate news, TETRA Technologies (TTI) has reported anadjusted Q1 2014 loss of $0.04 per share, down from income of $0.06per share in Q1 2013 and missing analyst estimates of a profit of$0.05. Total revenues were $212.85 million, up from $208.55 millionin Q1 2013 but missing analyst projections of $217.56 million. Theshares are down 2% pre-market.
ETF original site Preview: Broad Market ETFs Slip in Line With Stock Futures – NASDAQ.com
founder Mark Zuckerberg stole their idea for a social-networking website, are seeking to open the Winklevoss Bitcoin Trust as the first ETF tracking a virtual asset. Winklevoss Capital Management is the fund’s sponsor. Bitcoin, proposed in 2008 by a person or group using the name Satoshi Nakamoto, is a software protocol for issuing and moving money across the Internet. Prices for bitcoins surged above $1,100 last year before sliding to about $432 as of yesterday, according to CoinDesk, which tracks key exchanges.
Coal ETF Searches for Momentum – Yahoo Finance
A link has been sent. Done Coal ETF Searches for Momentum By ETFtrends.com 20 hours ago 0 shares Content preferences Done The Market Vectors Coal ETF ( KOL ) is down 1% over the past month, but over the previous 90 days the once downtrodden KOL is up 6.3%. This week, KOL is lower by 2%, but the ETF was able to reclaim its 200-day moving average for the first time in over a year. So while it can be said KOL has been behaving less poorly than it did in 2012 and 2013 when it posted annual losses of almost 21% in both years, the ETF is still lacking momentum. [Coal ETF Tries a Comeback] The RSI has moved into the bullish zone but it made a lower high and is now looking at a lower low.
Winklevoss twins seek Nasdaq listing for Bitcoin ETF
Do potentially harmful new downtrends end at the doorsteps of a few financial sub-sectors? Hardly. We also see a breakdown in the high-flying sub-segments from the 2000-2002 bear. Internet stocks via First Trust Internet ( FDN ) as well as biotech biggies via SPDR S&P Biotech ( XBI ) have also crossed below respective 200-day trendlines. Unfortunately, the depreciation is not restricted to stock areas that we might associate with previous bear markets.