Calls for Bitcoin ETF are only escalating even in the face of rejection

Calls for Bitcoin ETF are only escalating even in the face of rejection
фото показано с : bitcoints.com

2018-7-28 19:27

A reaction to the news that bitcoin exchange-traded fund (ETF), one proposed by brothers and co-investors Tyler and Cameron Winklevoss, had been rejected for the second time, it was viewed as another blow to the market.
Before going further, to make it clear, the bitcoin ETF proposed by the Winklevoss brothers is different from the bitcoin ETF by investment firm VanEck and financial service company SolidX, which has triggered a wide discussion in the crypto community over the past week.
The possibility of the birth of the first bitcoin-based ETF in history has generated an overall optimism in the crypto sector as bitcoin was trading at its highest since late May.
Notably, the SEC’s reiteration on concerns over the market manipulation and surveillance is consistent with its opinions during the first rejection back in March 2017.
High expectations
With that being said, many members said they will remain optimistic about the future of a bitcoin ETF.

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Источник: bitcoints.com

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