“The net asset value of SecondMarket’s Bitcoin Trust has surpassed $50 million. As of 4 pm, the fund’s assets under management were worth $50.93 million. The price of Bitcoin on Mt. Gox is now more than $900, and earlier today hit a new all-time high of $950. This suggests SecondMarket holds more than 55,000 Bitcoins. Founded in 2004, SecondMarket is an online security brokerage specializing in illiquid assets. Here’s the chart showing net asset value (NAV) and NAV/share.”
http://www.businessinsider.com/record-aum-for-bitcoin-trust-2013-11
Related posts:
Going Global 2013 - Internationalizing Your Assets - By Casey Research
Danish government issues warning against Bitcoin
FBI withdraws NSL after Microsoft challenge; takes data directly instead
Jim Rickards: Decline of the Petrodollar System is Good for Gold
Homeland Security Fusion Centers Will Share Intelligence Horizontally
Illinois Cops: Don't Legalize Weed, Or We'll Have to Kill Our Drug Dogs
‘Rise of the Drones’ Is Mostly a PBS Infomercial for the Military Defense Industry
As China Looms, the U.S. Ponders Ways Not to Destroy Bitcoin
Bitcoin Roundtable: Jeff Berwick, Trace Mayer, Jason Burack and Gabe Sukenik
'I Was Stop-And-Frisked By The NYPD More Than 100 Times'
Is Crazed Super Bowl Security a Taste of America To Come?
Jury Nullification Panel @ PorcFest 2013
Revenge Of The Colonies: The IRS Crashes The Royal Wedding
New Taxes to Take Effect to Fund Health Care Law
9/11 Commission Chair: Declassify EVERYTHING