Sentences with phrase «exchange traded funds claiming»

Not exact matches

Cameron and Tyler Winklevoss, the twin brothers who famously claimed to have come up with the idea for Facebook only to have it allegedly stolen by Harvard classmate and eventual founder Mark Zuckerberg, are on the brink of gaining SEC approval of an exchange - traded fund that tracks the price of Bitcoin.

Canada has many great accomplishments to be proud of in the investment world, including claiming some of the most innovative and well - structured pension funds in the world, to the creation of the world's first exchange - traded fund.

The Trust, on behalf of each Fund, has filed with the National Futures Association, a notice claiming an exclusion from the definition of the term «commodity pool operator» under the Commodity Exchange Act, as amended, and the rules of the Commodity Futures Trading Commission promulgated thereunder, with respect to both Funds» operation.

Although the Journal did not describe the arbitrage mechanism, its story claimed that narrowing spreads between the bitcoin price and the GBTC price allowed traders to profit as they would when arbitraging an exchange - traded fund (ETF) and its underlying assets.

FSA claimed that only the authorized 15 exchanges should be allowed to trade digital currencies as only the cryptocurrencies that they will handle are confirmed to «meet the definition under the fund settlement law.»