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Winklevoss Twins

Submit revised ETF filing

20 Feb, 2014

The twins submit a revised filing with the US Securities and Exchange Commission for Winklevoss Bitcoin Trust (filing), the long-awaited bitcoin exchange-traded fund (ETF) the investors first proposed in 2013.

Changes from the original include altered language related to the inclusion of the Winkdex as the indicator of pricing for the ETF and new passages detailing how the ETF would be affected by large-scale attacks to the blockchain, the volatility of new bitcoin exchanges and regulatory actions by foreign nations that may lead to the “restriction of ownership, holding or trading in the Shares”.