Ok. time it got rejected, but I do believe they will submit a new request. So, the ETF could be accepted right in 2018. I'm positive that sooner or later the SEC will accept the Bitcoin ETF
Of course, the no that they recived is not definitive at all
but I think Bitcoin is best without ETF. If SEC decision on rejecting ETF is because Bitcoin is unregulated, then ETF regarding Bitcoin will never be approved because Bitcoin Market proves to be at best when it is not regulated. Besides, if someone applied for something that needs regulation then we are moving out of Bitcoin strongest point. The being unregulated currency.
I agree with you - the commission has already made its final decision. And I very much doubt that bitcoin will be approved in the next few years. But, fortunately, this practically did not affect the price of bitcoin