[ad_1]
Simply minutes earlier, the SEC had posted on X that the ETF had been permitted.
The U.S. Securities and Change Fee (SEC) has not permitted spot bitcoin ETF functions as of Tuesday afternoon, chair Gary Gensler, mentioned by way of his personal X account.
“The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not permitted the itemizing and buying and selling of spot bitcoin exchange-traded merchandise,” Gensler tweeted.
Simply minutes earlier, the SEC had posted on X “immediately the SEC grants approval for #Bitcoin ETFs for itemizing on all registered nationwide securities exchanges. The permitted Bitcoin ETFs will likely be topic to ongoing surveillance and compliance measures to make sure continued investor safety.”
Bitcoin swung wildly on the information, leaping to nearly contact $48,000 with the compromised SEC tweet, and dropping to $46,291 after Gensler tweeted.
The SEC is anticipated to announce its choice to approve or deny functions to checklist spot Bitcoin ETFs by tomorrow, Jan. 10.
The pretend announcement sparked hypothesis on whether or not the SEC’s twitter account had actually been hacked, or if as a substitute, it had revealed a deliberate tweet on the incorrect date.
“I believe somebody prepped a deliberate tweet and put incorrect date, bc the tweet would have made PERFECT sense tomorrow right now,” mentioned Bloomberg analyst Eric Balchunas.
[ad_2]