I will like correct you on this bitcoin ETF rejection , it was not rejected but more further hearing will be open on 30th of September 2018. SEC is the process of checking security of Bitcoin .although banks are behind this delay. But we all know that the SEC can't fight the blockchain technology. They will definitely accept it, is just a matter of time.
Kindly read it again. "The Proshares ETF application was denied by the SEC".
Not yet reject my friend. The Sec is having a final decision on september 30 ,2018. Etf still have a chances to approved and hope no matter sec decision made hope it will not made more depth of bitcoin and other crypto