The American Consob rejects the proposal to create an exchanged-trade fund for Bitcoin. The idea rejected by the Security and Exchange Commission was of the twins Cameron and Tyler Winklevoss, the same ones who lost the case against Mark Zuckerbger years ago for the paternity of Facebook.
The stop imposed by the SEC freezes hopes of making virtual currency more accessible to the general public. And it sinks Bitcoin, triggering a drop of up to 18,4% to $978,76. In recent days alone, Bitcoin had risen to a new all-time high of $1.277,7, surpassing gold prices for the first time.
The Winklevoss brothers had proposed an ETF capable of following the price of Bitcoin and being bought and sold as easily as shares, effectively allowing the landing of the virtual currency on a market open to the general public.
An ETF in Bitcoin, in fact, would allow you to invest in digital currency in the same way as you invest in funds linked to real currencies.
