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Multiple news outlets released a false story following the official X (formerly Twitter) account from the United States Securities and Exchange Commission (SEC), posting a tweet claiming that the regulator had approved spot Bitcoin exchange-traded funds for the first time.
In a Jan. 9 X post, SEC chair Gary Gensler said the commission had “not approved the listing and trading of spot bitcoin exchange-traded products,” despite a tweet from the official SEC X account. News outlets including Cointelegraph, Blockworks, and Reuters reported on the story from the SEC before Gensler’s statement.
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
This is a developing story, and further information will be added as it becomes available.
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