Bitcoin Price Rises As Sec Says It Will Review Rejection Of Winklevoss Etf

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23/08/2018  · Just last month, the SEC decided, after a second round of review, to stick to its original rejection of a proposed bitcoin ETF from the Winklevoss twins (read: "SEC Again Rejects Winklevoss.

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SEC rejects Winklevoss bitcoin ETF proposal for the second timeThe USA Securities and Exchange Commission (SEC) has said it will review the disapproval orders for Bitcoin ETFs issued on August 22. On Wednesday, August 22, SEC staffers rejected proposals from three companies – Proshares, GraniteShares and Direxion. Now, according to the letters, senior SEC officials will review those orders, though it’s unclear at this.

On Thursday (26 July 2018), the U.S. Securities and Exchange Commission, once again, disapproved a Bats BZX Exchange application to list the Winklevoss Bitcoin ETF, causing the bitcoin price to drop (at press time) by more than 3.5% to below $8,000. The SEC said that it was not convinced that the market would have adequate surveillance.

31/07/2018  · SEC Commissioner Hester Peirce Dissents with the SEC’s Bitcoin ETF Rejection. Hester Peirce made headlines across the bitcoin community last week when she publicly dissented the decision of the Securities and Exchange Commission (SEC). Peirce dissented from the commission’s opinion that the market wasn’t ready for a bitcoin ETF. Apparently, bitcoin is not ripe enough, respectable.

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