What is the latest news on the Bitcoin ETF proposed by the Winklevoss twins?
Rishab KumarMay 07, 2022 · 3 years ago1 answers
Can you provide an update on the current status of the Bitcoin ETF proposed by the Winklevoss twins? I'm curious to know if there have been any recent developments or announcements regarding its approval or rejection.
1 answers
- May 07, 2022 · 3 years agoThe Bitcoin ETF proposed by the Winklevoss twins is still awaiting approval from the SEC. It's been a long journey for the twins, who first filed the proposal back in 2013. Despite facing multiple rejections and delays, they remain determined to make the Bitcoin ETF a reality. The SEC's concerns about market manipulation and investor protection have been the main hurdles in the approval process. However, with the increasing interest from institutional investors and the growing acceptance of cryptocurrencies, there is a possibility that the SEC might reconsider its stance. Only time will tell whether the Winklevoss twins will succeed in getting their Bitcoin ETF approved.
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