‘SolidX’ Insurance secured Bitcoin ETF, Competing to be first traded

Via Jerry Brito @ coincenter.org

SolidX reports that it has secured insurance for its bitcoin holdings:

  • “A new NYSE-traded Bitcoin ETF is about to give the Winklevoss Bitcoin Trust a run for its money.It’s called the SolidX Bitcoin Trust and its S–1 was filed with the SEC today”
  • “The Trust will maintain crime, excess crime and excess vault risk insurance coverage underwritten by various insurance carriers. The purpose of the insurance is to protect shareholders against loss or theft of the Trust’s bitcoin”

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