Cameron Winklevoss slams SEC’s bitcoin ETF rejection
Cameron Winklevoss, a co-founder of Gemini, has expressed his disappointment with the recent decision by the US Securities and Exchange Commission (SEC) to reject a bitcoin exchange-traded fund (ETF). According to Winklevoss, this decision is a major setback for investors in the United States. Winklevoss argues that the SEC has been steering investors towards unregulated and potentially harmful cryptocurrency products for the past decade. It has been ten years since the Winklevoss twins first sought approval for their ETF from the SEC, and on July 2, they criticized the SEC for repeatedly denying spot bitcoin ETFs. Today marks 10 years since @tyler and I filed for the first spot Bitcoin ETF. The @SECGov's refusal to approve these products for a decade has been a complete and utter disaster for US investors and demonstrates how the SEC is a failed regulator. Here's why: -"protected"… pic.twitter.com/xmK1xo1iX8 — Cameron Winklevoss (@cameron) July 2, 2023 ...