The Long Expected Bitcoin ETF is Rejected by The SEC

Bitcoin Hardware Wallet

The SEC has decided that the Bitcoin ETF of the Winklevoss twins is not allowed to be brought to the market. According to the SEC, the risk of fraud is to high. The existence of an Bitcoin ETF on Wall Street should make it way easier for investors to invest in bitcoin. This should give them a easy way to open a position on their regular broker account.

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