Note from the CEO: Whoa! A bitcoin IPO? A way to participate in bitcoin is spreading with a couple ETF’s waiting for SEC approval and this (as the article points out) will be like the metal mining stocks. FintekNews is on record of predicting these new vehicles will mute the demand for gold as a monetary hedge in years to come.
“The first U.S. Bitcoin IPO will be a major sensation on Wall Street when it arrives.
The big question is when that day will come, and which of several contenders will go public first.
A freshly minted Bitcoin stock will give investors another way to invest in Bitcoin, much as gold mining stocks are an alternative way of investing in gold.
Right now the options for Bitcoin are limited. There aren’t any Bitcoin stocks and two Bitcoin ETFs, the Winklevoss Bitcoin Trust (BATS: COIN) and the SolidX Bitcoin ETF (NYSE Arca: XBTC) are awaiting regulatory approval. [Read More: Why the Winklevoss Bitcoin ETF Is Ahead in the Race for SEC Approval]”