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Tuesday, May 14, 2024
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HomeFinanceGensler Says SEC Twitter Account Was Compromised, Bitcoin ETFs Not Accepted
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Gensler Says SEC Twitter Account Was Compromised, Bitcoin ETFs Not Accepted

The SEC has not authorised Bitcoin ETFs, as reported earlier on the SEC’s official X account. SEC Chairman Gary Gensler stated the account was “compromised.”

“The@SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not authorised the itemizing and buying and selling of spot bitcoin exchange-traded merchandise,” Gensler tweeted.

The obvious flagrant put up learn:

“At present the SEC grants approval for #Bitcoin ETFs for itemizing on all registered nationwide securities exchanges.”

“At present’s approval enhances market transparency and supplies traders with environment friendly entry to digital asset investments inside a regulated framework,” an obvious flagrant quote from Gensler added.

After initially spiking greater on the false report, Bitcoin worth is down about 2.7% to $45,784.74. Coinbase (NASDAQ:) is down 1.4% at 16:36 EDT (21:36 GMT).

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