The group of four crypto exchanges, including Gemini, are teaming up to establish a self-regulatory organization in order to develop new industry standards.
The widely discussed rejection was not unanimous. Hester Peirce, the SEC Commissioner who voted for the Winklevoss initiative, published an official dissent to the disapproval. The strong reasoning in favor of Bitcoin ETFs may cast doubts among supporters of the Commission’s decision.
Winklevoss brothers, who gained global popularity after their trial with Mark Zuckerberg for Facebook ownership, nowadays seem to be major Bitcoin investors, holding about $1.9B in digital assets.
As CME Group announces to start trading of Bitcoin futures on December 18, the Bitcoin price is back on an upward journey hitting new all-time high.
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.