The Securities and Exchange Commission has denied a request to launch the Winklevoss Bitcoin Trust ETF, prompting bitcoin price to fall by 35% within a day.
The SEC seeks advice of organizations and officials related to the approval of the Winklevoss twins’ Bitcoin ETF to get independent insight.
The price of virtual currency has been climbing as the Securities and Exchange Commission is on the way to approve the first bitcoin exchange-traded fund.
Although the Winklevoss Bitcoin Trust was initially listed on Nasdaq, Winklevoss brothers have decided to change it to BATS Global Markets.
The Winklevoss Bitcoin Trust ETF filed an amendment to its Securities and Exchange Commission prospectuson to sell 1 million shares on the Nasdaq exchange.
In the new interview, David LaValle discussed the Winklevoss Bitcoin Trust and its role in the exchange-traded fund (ETF) market.
Winkdex, the financial index launched by Cameron and Tyler Winklevoss, is now opening up API to developers.
Tyler Winklevoss, half of the most famous twins in tech, believes Bitcoin could have a larger impact on the world than Facebook.