Bitcoin falls as SEC rejects ETF listing

Jamie McKane

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Bitcoin falls as SEC rejects ETF listing

The outlook for the first U.S. exchange-traded fund that invests in Bitcoin just got darker.

The U.S. Securities and Exchange Commission on Thursday again denied an exchange’s request to list a cryptocurrency ETF run by Tyler and Cameron Winklevoss, steepening the odds that any of a clutch of similar proposals will make the grade.

[Bloomberg]
 
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