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Winklevoss Bitcoin ETF rejected by SEC

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The Securities and Exchange Commission has rejected a second attempt by Cameron and Tyler Winklevoss to list the first cryptocurrency ETF on a regulated exchange.

The US financial authority said: “The arguments submitted in support of this claim are incomplete and inconsistent, and are unsupported or contradicted by data.”
Bitcoin fell 2.3 per cent to USD7,950in New York immediately after the statement.

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