Late Friday afternoon the Securities and Exchange Commission released their ruling on the proposed Winklevoss Bitcoin Trust, what would have been the first Bitcoin ETF.The SEC will review its decision to reject a bitcoin exchange-traded fund proposed by investors Cameron and Tyler Winklevoss.
SolidX ETF's New SEC Filing; Merits & Advantages
The U.S. Securities and Exchange Commission (SEC) made history on Friday by disapproving the Bats BZX Exchange filing to list and trade shares of the Winklevoss.Several ETF issuers have lined up to seek regulatory approval with their bitcoin-related products.
SolidX Bitcoin Trust, a Bitcoin ETF (exchange-traded fund) developed by SolidX Management LLC, has filed a new S-1 statement with the Securities and Exchange.
Cameron and Tyler Winklevoss and their Winklevoss Bitcoin Trust first applied for approval of the product nearly four years ago.
The current bitcoin price is allegedly dominated by speculation regarding the ETF decision.The SEC announced it would not approve a bitcoin ETF that was proposed by Tyler and Cameron Winklevoss, causing the bitcoin price to immediately shed 18%.
Bitcoin or Ethereum ETF | Crypto-News.net
Bitcoin price is expected to surge ahead as SEC decides to review the earlier ruling against Bitcoin ETF. Read more.It is evident the SEC fears what the future may hold for traditional finance once a bitcoin ETF is made available to global investors.
SEC Rejects Winklevoss Bitcoin ETF | ETF Trends
The currency gained traction as a fast way to send money internationally, but has also been criticized as being vulnerable to hacking or technical crashes.The agency turned down the application for a bitcoin ETF, citing possibility of fraud.
The Securities and Exchange Commission did not approve the Winklevoss Bitcoin ETF (COIN).Unlike traditional currencies such as dollars, bitcoins are issued and.Bitcoin may be hogging limelight in the investing world, but its ETF form was not that attractive to the SEC.The COIN ETF is a no-go.Almost four years in the making, in a highly anticipated verdict published earlier today, the U.S. Securities and Exchange.
US SEC rejects Winklevoss bitcoin ETF proposal; currency
Positive Bitcoin Price Trend Expected as SEC Reviews
As the deadline approaches for the decision on the Bitcoin ETF to be given, uncertainty grows throughout the markets, as.
Bitcoin ETF - Money Morning
The SEC has agreed to review its decision to not allow the Winklevoss Bitcoin ETF(NASDAQ:COIN) to come to market, but another cryptocurrency challenger has.
SEC Update on COIN: Higher Probability of Approval?