27 Sep '13, 12am

Here it is, folks. The world's first Bitcoin investment trust (video)

Sept. 26 (Bloomberg) -- SecondMarket CEO Barry Silbert discusses the company's launch of a Bitcoin investment trust. He speaks with Jon Erlichman on Bloomberg Television's "Bloomberg West." (Source: Bloomberg) Please enable JavaScript to view the comments powered by Disqus. That helps companies raise money for their shareholders. I haven't been a bitcoin believer for a few years. We decided to enable investors institutional and accredited to invest in bitcoin in an easy way. What kind of investors are we talking about? If you want to purchase large amounts of bitcoin you have to open up accounts on exchanges around the world who are not regulated. You have to wire money that may never get there. The idea is to create a vehicle that is traded on second market, which is regulated, to enable investors and offices and traders and the people who can write checks to get involved...

Full article: http://www.bloomberg.com/video/the-first-bitcoin-investme...

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