Bitcoin, CryptoCurrency

SEC Declines Winklevoss Brothers Appeal for Bitcoin ETF | BTCMANAGER

In a three-to-one vote on July 26, 2018, the SEC declined an appeal by the Winklevoss Bitcoin Trust to launch the much-awaited Bitcoin ETF. SEC’s ETF Refusal Among other things in the 92 page statement, the SEC said that the Trust was declined because “[the] exchange [must] be designed to prevent…

Source: SEC Declines Winklevoss Brothers Appeal for Bitcoin ETF | BTCMANAGER