Breaking: US SEC has not approved a spot Bitcoin ETF, X account compromised

The United States Securities and Exchanges Commission (SEC) out out a Tweet on its official X account stating that it has approved Bitcoin ETFs. However, this is not the true situation as Gary Gensler confirmed that the commission’s social media account was hacked.

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

The story is still developing.