Winklevoss Brothers Remain Unbothered by SEC Snub, Claim ‘It Will Take Time’ For Wall Street to Get on Board

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Tue, 08/14/2018 - 13:45
Alex Dovbnya
The SEC decision to rejected a listing of the Winklevoss Bitcoin ETF drove the whole crypto community into a frenzy. However, the famous twins remain unfazed
Cover image via U.Today

The SEC decision to rejected a listing of the Winklevoss Bitcoin ETF drove the whole crypto community into a frenzy. However, the famous twins remain unfazed. 

During their recent interview with Bloomberg, they weighed in on Wall Street’s lukewarm receptions of the cryptocurrency market, saying that they will keep developing their business (they own Gemini) and wait for a change. They believe that Wall Street cannot ignore the elephant in the room and acknowledges the importance of cryptocurrencies, but it would take some time for traditional financial institutions to become active participants of the crypto market. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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