By Diyar Guldogan
WASHINGTON (AA) - The US Securities and Exchange Commission (SEC) said Tuesday that it had not yet granted approval of spot-Bitcoin exchange-traded funds (ETFs), despite a post appearing on its official X account saying it had done so.
"The @SECGov X account was compromised, and an unauthorized post was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products," the SEC said on X.
The SEC pulled the initial post. SEC Chair Gary Gensler also announced on X that the SEC's "Twitter account was compromised."