2018-7-27 14:02 |
On Thursday, July 26, the U.S Securities and Exchange Commission (SEC) published a report rejecting the Bitcoin ETF proposal filed by the Winklevoss twins back in June.
CNBC reports that the proposal to list the Winklevoss Bitcoin Trust’s commodity-based shares on BATS BZX Exchange was voted down 3-1 by the securities watchdog on Thursday.
However, the SEC notes that it has certainly kept the doors open for considering more Bitcoin ETF proposals in the future.
The euphoria in the Bitcoin price over the last week was seen with the SEC receiving an overwhelming public opinion on the need to launch a Bitcoin ETF.
The opinion was basically given on the CBOE Bitcoin ETF filed with the SEC last month the ruling on which is expected by next month.
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