US SEC Rejects Winklevoss Bitcoin ETF Again

Bad news for digital currency prices, granted that the Securities and Exchange Commission once again rejected the proposal to list a cryptocurrency exchange-traded fund on the Gemini exchange. The proposal, which was rejected in a 3-1 vote, was made by twins Tyler & Cameron Winklevoss, founders of the Gemini exchange and famous for their legal battle with Facebook.
According to Commissioner Hester Peirce, “her cause of concerns on the Commission’s approach that undermines investo