SEC rejects Bitcoin ETF proposal, BTC goes below $8,000

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July 27, 2018 by
SEC rejects Bitcoin ETF proposal, BTC goes below $8,000

U.S. Securities and Exchange Payment (SEC) revealed that it has actually denied the proposition of Bitcoin ETF that was submitted by the Winklevoss Doubles, message announcement. The rate of Bitcoin dipped listed below the $8,000 mark, CCN reported.

The application was supposedly evaluated by the SEC for the second time after Gemini co-founders Cameron as well as Tyler Winklevoss appealed. In fact, for the 2nd review, SEC began a round of public comment. Formerly, on March 10, 2017 the first application was rejected.

The information is to be upgraded soon.

Priya

A Business Correspondent at Cryptoheed, Priya Raja has more than three years of professional experience in journalism. She has worked as an Assistant Editor and Content Writer prior to this, and has done Technical Writing and Business Writing. Outside the professional realm, she loves blogging, painting, crafts, and dancing. Basically, anything CREATIVE!

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