Author: Nikhilesh De, Krisztian Sandor, CoinDesk; Compiled by: Songxue, Golden Finance
The U.S. Securities and Exchange Commission confirmed that it has not yet approved the application for a Bitcoin exchange-traded fund (ETF), unlike X ( Formerly Twitter) account briefly expressed the opposite.
A spokesperson said in a statement to CoinDesk: “The SEC’s @SECGov The article was not published by the SEC or its staff."
In a subsequent independent statement, a spokesperson said: "Unauthorized access and activity occurred on the account." , conducted by an "unknown party".
The statement states that the party no longer has unauthorized access. "The SEC will work with law enforcement agencies and our partners across government to investigate this matter and determine appropriate next steps related to the unauthorized access and any related misconduct," the statement said. p>
SEC Chairman Gary Gensler stated on his personal X account that these exchange-traded funds (ETFs) have not yet been authorized. “The SEC has not yet approved the listing and trading of spot Bitcoin exchange-traded products,” he said.
Regulators are widely expected to approve the application for a spot Bitcoin ETF on Wednesday.
Last week, an SEC spokesperson told CoinDesk that any Bitcoin ETF approval would appear in the agency’s EDGAR database; “Any 19b-4 Committee order will be posted on our website and then published in the Federal Register, the spokesperson said.
The hacked @SECgov The Bitcoin ETF will be subject to ongoing monitoring and compliance measures to ensure continued investor protection." The tweet included an image of a quote purportedly from Gensler. The account also posted a second tweet containing only “$BTC,” but the tweet was deleted almost immediately.
Social media posts Later, Bitcoin (BTC) first surged to nearly $48,000 before plummeting nearly 6% to $45,100 after the news turned out to be false.
CoinGlass data shows that more than $50 million in leveraged derivatives trading positions were cleared within an hour during the volatile period.
< span style="font-size: 14px;">Bitcoin price trend
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Cointelegraph