US regulator denies approving Bitcoin ETFs
Securities and Exchange Commission says its X account 'was compromised, and an unauthorized post was posted'
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."
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