SEC rejects Bitcoin ETF proposal, BTC goes below $8,000

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July 27, 2018 by
SEC rejects Bitcoin ETF proposal, BTC goes below $8,000

U.S. Stocks and Exchange Commission (SEC) announced that it has actually denied the proposition of Bitcoin ETF that was submitted by the Winklevoss Doubles, message news. The price of Bitcoin dipped below the $8,000 mark, CCN reported.

The application was apparently examined by the SEC for the 2nd time after Gemini co-founders Cameron as well as Tyler Winklevoss appealed. Actually, for the second testimonial, SEC started a round of public comment. Formerly, on March 10, 2017 the preliminary application was denied.

The news is to be updated quickly.

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