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).