Spencer Bogart

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Last quote by Spencer Bogart

A lot of investment managers have a mandate that they must be invested in registered securities. Spot bitcoin is not a registered security. Really, it's the best that we have available. This put a traditional wrapper around an otherwise esoteric asset. It was something people could touch. They really wanted exposure and this was the only way to do it.feedback
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Jun 08 2017 Bitcoin
Find all of Spencer Bogart’s quotes that have been published in 3 different articles on this page. Spencer Bogart’s quotes are organized by date and topic, making it easy for you to compare, for example, what Spencer Bogart has said both recently, and in the past, on a variety of topics. Some of the topics Spencer Bogart likes to comment on include SEC and Winklevoss Bitcoin ETF. Most recently, Spencer Bogart said, “Why would anyone pay a premium for this? Clearly the product does not function incredibly well. There's clearly a risk. Somebody could be right about the underlying move of bitcoin but still lose money. To what extent do you value the features (of the trust)? It's really an individual question to answer.”.
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