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16-05-20243 min read
News - SEC hacked: Bitcoin ETFs were very briefly approved
The moment many have long been waiting for has arrived. The U.S. Securities and Exchange Commission, better known as the SEC, confirmed the approval of the Bitcoin ETF. But what turns out. Gary Gensler was hacked....
Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.
— U.S. Securities and Exchange Commission (@SECGov) January 9, 2024
The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection. pic.twitter.com/oJinqv0wcR
The message above seems official. It is from the SEC itself, in fact. News websites were already tapping messages. But then followed this message from Gary Gensler himself:
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.
— Gary Gensler (@GaryGensler) January 9, 2024
Yesterday, Gensler let it be known that buying cryptocurrencies carries risks. With this series of tweets, there seems to be no end to the yes/no. In recent days, the stock price already seemed to be preparing for good news. With the approval of the ETF, a lot of institutional money will flow into the market.However, looks like this whole saga is going to have a long tail. To be continued, no doubt.
