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 Payment (SEC) introduced that it has denied the proposition of Bitcoin ETF that was sent by the Winklevoss Doubles, post news. The price of Bitcoin dipped listed below the $8,000 mark, CCN reported.

The application was reportedly examined by the SEC for the 2nd time after Gemini co-founders Cameron and Tyler Winklevoss appealed. Actually, for the second review, SEC started a round of public comment. Previously, on March 10, 2017 the first application was turned down.

The news is to be upgraded quickly.

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