Jul

Bitcoin ETF Mania Dented as SEC Again Rejects Winklevoss Fund

The outlook for the first U.S. exchange-traded fund that invests in Bitcoin just got darker.

The U.S. Securities and Exchange Commission on Thursday again denied an exchange’s request to list a cryptocurrency ETF run by Tyler and Cameron Winklevoss, steepening the odds that any of a clutch of similar proposals will make the grade. The SEC decided to reject the rule change needed for the Winklevoss fund to start trading after reviewing a March 2017 decision, which came to the same conclusion…

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Bitcoin ETF Mania Dented as SEC Again Rejects Winklevoss Fund

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