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investing

Is a Bitcoin ETF a Good Investment?

Main Street investors will need to wait longer to find out after the SEC rejects the proposed exchange-traded fund.

The Securities and Exchange Commission denied approval of the Winklevoss Bitcoin Trust ETF, an exchange-traded fund that would track the value of digital currency bitcoin. Friday's highly anticipated decision came nearly four years – and a dozen amendments – after the fund was first proposed and delayed indefinitely making gaining access to the currency as easy as logging into your online brokerage account.

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