New York-based online stock market SecondMarket has announced that is now offering a new Bitcoin Investment Trust that will allow accredited investors to put money into the virtual currency, TechCrunch reported on September 25.
SecondMarket plans to remove the typical pain points investors associate with this process, such as managing wallets or initiating direct transactions.
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Investors who buy shares in the trust will be able to gain liquidity through auctions that are scheduled to begin next year. For more on SecondMarket and the trust’s sponsors, click here.
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