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US SEC has not approved bitcoin ETFs, social media account compromised-spokesperson

Published by
Reuters

(Reuters) -The U.S. Securities and Exchange Commission (SEC) has not yet approved a spot bitcoin exchange traded fund (ETF), an agency spokesperson said on Tuesday, adding that a post on its social media platform X was incorrect. The SEC’s account had been compromised, the spokesperson said, without providing additional details. The unauthorized post on X, formerly known as Twitter, said that the SEC had granted approval for bitcoin ETFs on all registered national securities exchanges and included a picture purporting to quote SEC Chair Gary Gensler. The SEC was widely expected on Wednesday to…

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