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A comment on Winklevoss twins to offer Bitcoin ETF. Parent comment

Re:Winklevoss twins to offer Bitcoin ETF by mrb on Monday July 01, 2013 @08:21PM (#5974755)
Yup. They claimed they owned "1% of all BTC", without specifying if it was 1% of 11M (current amount) or 21M (max theoretical amount). But if it is 1% of the latter, then it matches perfectly with the number of bitcoins needed to back this ETF (1M shares * 0.2 BTC/share = 200k BTC).
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Re:Winklevoss twins to offer Bitcoin ETF by wmf on Monday July 01, 2013 @08:26PM (#5974792)
That probably kills my idea, since to provide liquidity for the ETF they'd need to hold significant BTC outside the fund.
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