The US Securities and Exchange Commission has rejected an effort to list the Winklevoss Bitcoin ETF (COIN), prompting comment from many of those who watched and waited for the decision.
Reactions to the news were, as can be expected, mixed. Markets, having hit a new all-time high of roughly $1,325 prior to the decision, fell sharply before recovering above $1,100. Some observers deemed it a setback for bitcoin, while others, by comparison, said that it wouldn't have any long-term impact.
When reached for comment, Tyler Winklevoss struck an optimistic note, telling CoinDesk that more engagement with the agency would follow.
http://www.coindesk.com/industry-speaks-aftermath-secs-bitcoin-etf-rejection/
