Winklevoss Twins Get Second Rejection: Where the Cryptomarket is concerned, talk about establishing an ETF is a big deal right now.
Only on Wednesday, BitWise applied to the SEC to establish an ETF and bull’s and bears across the spectrum have weighed in on the necessity of an ETF for the digital coins.
However today, the SEC rejected the Winklevoss twins second Bitcoin ETF application, citing fraud and manipulation concerns.
The market is taking a tumble, as a result, with Bitcoin (BTC) currently down 3.85%. It is trading around the $7,897 mark …
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