26 Sep '13, 12am

SecondMarket Launches A Bitcoin Investment Trust For Accredited Investors

As Bitcoin, the math-based currency that enthusiasts say could revolutionize online transactions, becomes more mainstream, its supporters have been looking for ways to make it more accessible to investors. Today SecondMarket, a platform where privately-held or growth-stage companies can raise capital, says it is now offering a new Bitcoin Investment Trust . It’s an open-ended fund that lets institutional and accredited investors dabble in the crypto-currency without necessarily having to go through the headache of managing wallets or direct transactions. It invests exclusively in Bitcoin and investors who buy shares in the trust will be able to gain liquidity through regular auctions beginning next year on SecondMarket. Unlike the exchange-traded fund that Tyler and Cameron Winklevoss have been exploring, this one is only available to accredited investors, who are required...

Full article: http://techcrunch.com/2013/09/25/secondmarket-bitcoin/

Tweets

SecondMarket launches Bitcoin Investment Trust,...

coindesk.com 26 Sep '13, 12am

Private investment vehicle the Bitcoin Investment Trust (BIT) will today (26th September) begin raising capital on SecondM...

SecondMarket Establishes New Bitcoin Trust for ...

entrepreneur.com 26 Sep '13, 6pm

SecondMarket, the online platform where private company stock can be traded, has created a private trust investing exclusi...

SecondMarket Launches First U.S. Bitcoin Fund

forbes.com 26 Sep '13, 12am

SecondMarket has launched the first U.S.-based bitcoin fund, which allows investors to buy into the value of bitcoin witho...

#Bitcoin trust launched by @SecondMarket

#Bitcoin trust launched by @SecondMarket

marketwatch.com 26 Sep '13, 12am

The trust aims to make bitcoin more accessible to investors, said Barry Silbert, chief executive of SecondMarket, in an in...

Boom! We are LIVE with the Bitcoin Investment T...

bitcointrust.co 25 Sep '13, 11pm

This product represents a speculative investment and involves a high degree of risk. Investors must have the financial abi...

Winklevoss Twins Face Competition From SecondMarket's New Bitcoin Trust via @ychernova @WSJ

Winklevoss Twins Face Competition From SecondMa...

blogs.wsj.com 26 Sep '13, 12am

By Yuliya Chernova Biography CONNECT Biography Tomohiro Ohsumi/Bloomberg News Cameron and Tyler Winklevoss are in for some...

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finance.fortune.cnn.com 26 Sep '13, 12am

SecondMarket launching first U.S.-based investment vehicle exclusively devoted to Bitcoin. FORTUNE -- Bitcoin has gotten a...

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SecondMarket goes all-in on Bitcoin, launching ...

pandodaily.com 26 Sep '13, 12am

SecondMarket’s trust is available to investors starting tomorrow. The company has more than 100 relationships with sources...

SecondMarket Starts First U.S. Trust for Bitcoi...

bloomberg.com 26 Sep '13, 6am

SecondMarket Inc. , where stock of private companies such as Facebook Inc. traded before they went public, started the fir...

First Bitcoin investment fund launches

finance.fortune.cnn.com 26 Sep '13, 12pm

SecondMarket launching first U.S.-based investment vehicle exclusively devoted to Bitcoin. FORTUNE -- Bitcoin has gotten a...

The bitcoin bug bites SecondMarket:

blogs.reuters.com 26 Sep '13, 6am

I have to admit I’m disappointed in this one. It’s no secret that I’m very skeptical about what’s likely to happen when sm...

Barry Silbert Talking SecondMarket Bitcoin Inve...

video.cnbc.com 26 Sep '13, 12pm

Barry Silbert, SecondMarket founder & CEO, discusses the launch of its newly-minted Bitcoin Investment Fund, which is a di...

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theverge.com 26 Sep '13, 12am

Despite its many booms and busts, cries that it’s a passing fad and a technological fallacy, Bitcoin simply won't go away....

New fund launched for bitcoin investors

New fund launched for bitcoin investors

france24.com 26 Sep '13, 6pm

AFP - Bitcoin Thursday got a lift with the arrival of a new investment vehicle that lets wealthy and professional investor...

Here it is, folks. The world's first Bitcoin in...

bloomberg.com 27 Sep '13, 12am

Sept. 26 (Bloomberg) -- SecondMarket CEO Barry Silbert discusses the company's launch of a Bitcoin investment trust. He sp...