SEC Did Not Officially Approve Spot Bitcoin ETF: Gensler Warns
SEC's X Page Hacked with False Bitcoin ETF Approval; Chairman Gensler Denies Claim, Causing Crypto Community Uproar, Bitcoin at $46,000.
Recently, The SEC's official Twitter page announced the approval of a Bitcoin ETF listing on all registered exchanges, they published this news on their official X (formerly Twitter) page saying, “Today, the SEC grants approval for Bitcoin ETFs listing on all registered national securities exchanges.
Amid the excitement, The Chairman of the SEC, Gary Gensler posted on X almost a few minutes later claiming that the SEC’s Twitter page was compromised and The SEC have not approved the Bitcoin Spot ETFs yet. This triggered an uproar among crypto supporters with many claiming that the SEC is trying to manipulate the markets,
The crypto world stays watchful as more of this story unfolds, As of writing this, Bitcoin price stands at $46,000
