Winklevii Strike Out Again

The Winklevoss twins, supposed creators of Facebook, and early Bitcoin adopters, were turned down a second time by the SEC on their proposal for a Bitcoin ETF.

Notably, one of the four Commissioners dissented, which you can read in full here.

The other ETF most like the Winklevii application is one backed by VanEck and SolidX (it’s third attempt), with a proposed cost of $200,000/share, and is still in play.

General sentiment is that we are likely still 12-18 months away from a Bitcoin ETF, but rest assured we at Crypto Mouse are keeping an eye on this situation, dear readers.

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