The US Securities and Exchange Commission announced the approval of a Bitcoin ETF - but the announcement turned out to be fake
The account of the US Securities and Exchange Commission (SEC) published an announcement at about 16.18 Washington time on Tuesday, January 9: all applications for the launch of a Bitcoin ETF have been approved. Bitcoin managed to react with a sharp price fluctuation, but the announcement was announced by a tweet from hackers who hacked the account and was deleted. The response from the main American regulator was expected just before January 10.
“Today, the SEC is authorizing the listing of Bitcoin ETFs on all registered national securities exchanges. Bitcoin ETFs will be subject to ongoing oversight and compliance with investor protections,” the agency said in an announcement on its X (formerly Twitter) page.
Bitcoin reacted immediately, soaring to $48,100 per coin. And then sharply falling first to $45,090, and at some point even to $44,117.
One of the reasons for the fall: SEC Chairman Gary Gensler promptly, 15 minutes later, released a post on his personal account: “The SEC's Twitter account was hacked and an unauthorized tweet was published. The Commission has not approved the listing and trading of Bitcoin spot exchange-traded products.”
