The agency “did not approve” the listing and trading of Bitcoin ETFs, says agency head Gary Gensler
US securities The Exchange Commission’s X account was hacked, a spokesperson confirmed to TechCrunch on Tuesday afternoon.
“The SEC’s @SECGov subscriber Shortly after on the media platform.
The post, shown in the screenshot below, ran for approximately 30 minutes prompting a number of news outlets and online personalities to report that the SEC had granted approval to the highly anticipated spot bitcoin ETFs. The unauthorized post has since been deleted.
Around 4:30 p.m. EDT, SEC Chairman Gary Gensler chirp“The @SECGov Twitter account was hacked, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of exchange-traded products on the Bitcoin spot exchange.”
After the fake post was published, the price of Bitcoin rose to nearly $48,000 but went up Since it dropped about $45,700According to CoinMarketCap data.