Bits N Dollars

Wednesday, 29 April 2015

Sweden's Nasdaq Exchange Approves Bitcoin-based ETN

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Sweden's Nasdaq exchange has approved a bitcoin-based exchange traded note (ETN), opening up investment in the digital currency to those who do not want to directly purchase and hold bitcoins.

The Bitcoin Tracker One, launched by Stockholm-based XBT Provider AB, which is owned by the KnC Group and is expected to launch on 18th May.

In a statement, Alexander Marsh, chief executive officer of XBT Provider AB, said:

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How Bitcoin is Disrupting Argentina’s Economy

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Buy Orders in the Millions for Bitcoin Investment Trust (GBTC)

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Overstock Wants to Issue $500 M in Bitcoin-Like Stocks

The idea to issue a “cryptosecurity” using Bitcoin-like technology came from Overstock's free-thinking CEO, Patrick Byrne. He even hired developers ...

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