Gensler Says SEC Twitter Account Was Compromised, Bitcoin ETFs Not Approved
investing.comThe SEC has not approved Bitcoin ETFs, as reported earlier on the SEC's official X account. SEC Chairman Gary Gensler said the account was «compromised.»
«The@SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products,» Gensler tweeted.
The apparent flagrant post read:
«Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.»
“Today’s approval enhances market transparency and provides investors with efficient access to digital asset investments within a regulated framework,” an apparent flagrant quote from Gensler added.
After initially spiking higher on the false report, Bitcoin price is down about 2.7% to $45,784.74. Coinbase (NASDAQ:COIN) is down 1.4% at 16:36 EDT (21:36 GMT).
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