A two-year-old tech startup in the Big Apple is preparing to enter the ETF business.
and the Wall Street Journal
both report on New York City-based SolidX Partners
filing yesterday to launch the SolidX Bitcoin Trust
ETF. SolidX specializes in blockchain, the technology underlying trading of the digital currency bitcoin. SolidX raised
$3 million in seed financing two years ago.
SolidX's move comes three years after the Winklevoss twins of Facebook fame filed
to create a Bitcoin ETF.
The proposed SolidX ETF would track TradeBlock's
XBX bitcoin index. The ETF would list on the NYSE
and be custodied by BNY Mellon
Neil Anderson, Managing Editor
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