SEC Email Line Swamped Ahead of Winklevoss Bitcoin ETF Decision


SEC Email Line Swamped Ahead of Winklevoss Bitcoin ETF Decision

Impatient for solutions about its determination relating to a proposed bitcoin exchange-traded fund, market watchers seem like swamping a Q&A e-mail line throughout a US Securities and Exchange Commission occasion.

The company is internet hosting an event at present centered on bettering consciousness amongst retail traders about market dangers. As half of it, the SEC has opened an e-mail line for folks to submit questions.

Perhaps unsurprisingly, these hungry for details about the bitcoin ETF proposed by Cameron and Tyler Winklevoss have been sending in queries to that e-mail line. The SEC is at the moment weighing a proposed rule change that will clear the ETF to be listed on the Bats BZX alternate.

While it’s not instantly clear what number of requests the SEC has obtained, an company staffer commented on the queries whereas highlighting the Q&A line, telling the viewers:

“I will say that, for people that are emailing in, we have nothing to say about bitcoin, so please stop asking. I don’t know what that means, but that’s what I’ve been told to say.”

The years-long process to get the Winklevoss bitcoin ETF accepted is anticipated to come to a conclusion at present, a transfer confirmed by an SEC consultant when reached at press time. MarketWatch journalist Ryan Vlastelica reported earlier that an SEC consultant had equally confirmed the deliberate transfer.

Image through SEC (Screen Capture)

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