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

UNITED STATE Stocks and Exchange Payment (SEC) introduced that it has rejected the proposition of Bitcoin ETF that was sent by the Winklevoss Doubles, message news. The cost of Bitcoin dipped below the $8,000 mark, CCN reported.

The application was supposedly examined by the SEC for the second time after Gemini founders Cameron as well as Tyler Winklevoss appealed. Actually, for the second review, SEC began a round of public comment. Formerly, on March 10, 2017 the initial application was declined.

The news is to be upgraded quickly.

Priya

A Business Correspondent at Ripplewater, 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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