SEC says it did not yet approve bitcoin ETF, X account was compromised
Publishing timestamp: 2024-01-09 18:39:07
Summary
The SEC's Twitter account was compromised, leading to a false social media post claiming that the SEC had approved bitcoin ETFs for trading. The price of bitcoin briefly spiked but then quickly slid below $46,000. The SEC clarified that the tweet was unauthorized and that there had been unauthorized access to their account. The SEC is expected to make a decision on bitcoin ETFs this week.
Sentiment: NEUTRAL
Tickers: GBTC,
Keywords: breaking news: markets, exchange-traded funds, investment strategy, sec, business news, cathie wood, markets, breaking news: investing, bitcoin, grayscale bitcoin trust (btc), gary gensler,
Source: https://www.cnbc.com/2024/01/09/sec-says-it-did-not-yet-approve-bitcoin-etf.html