I am still waiting to know how things are progressing with the Winklevoss ETF review - since that announcement, no further information has been released.
I completely forgot about this till you pointed it out just now. I personally think it's a good sign that they haven't been pushing out any statements. If they wanted to reject it for the second time, they would likely have done so already. I think an important aspect of this 'delay' might be scaling related. They might be waiting for things to settle in order to come up with a yes or a no. Obviously, this is just speculation -- only the SEC knows what's happening, but it has taken long enough already....
I also forgot about the second application of the twins. Never heard anything lately about result of the review. I don't know if this is a good sign that they are really taking matter seriously and 'might' approve it sooner. Perhaps they are considering a lot of factors now, since bitcoin has far reaching effect as countries like Japan has legalized it. They have to consider that bitcoin has a full backing of a country, and not just any country, but one of the most advanced and global powers. But I don't know if you guys think that we still need it though? Cash in pouring in the market, and I think that investors are putting a lot of risk here with no protection from SEC.
