Thursday, May 29, 2025

Latest

UPDATED: Gary Gensler Says SEC Twitter Account Hacked Claiming Bitcoin ETF Approval

Gary Gensler, chairman of the SEC, is reporting via Twitter that the US Securities and Exchange Commission has seen its Twitter account hacked. The statement follows the account indicating that the first bitcoin exchange traded funds have been approved for trading.

Gensler commented that the account was compromised, with “an unauthorized tweet” posted. Bitcoin ETF’s as a result have not been approved for trading.

The US Securities Commission had tweeted that “the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges,” and that approved ETF’s were to be subject to ongoing surveillance and compliance measures.

The tweet included a supposed quote from Gary Gensler, that the approval “enhances market transparency.”

The fake approval was said to impact eleven separate bitcoin ETF’s with advisors providing the funds including VanEck, BlackRock, Grayscale, ArkInvest and more.

https://twitter.com/AP_Abacus/status/1744831025354612797?s=20

It’s unclear how the hacked tweet will impact approval, if at all.

If nothing else, remember this key point from the SEC issued last year.


Information for this briefing was found via Twitter and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

Related News

EU Proposes Tighter Regulations on Cryptocurrency Transfers

Cryptocurrency transactions made in the European Union may soon be subject to tighter regulatory oversight,...

Wednesday, July 21, 2021, 08:00:05 AM

Fidelity Investments to Allow Retirement Savers to Include Bitcoin in 401(k) Accounts

Fidelity Investments has become the first retirement-plan provider to offer clients the option to put...

Tuesday, April 26, 2022, 12:21:00 PM

Bitcoin Soars to Highest in 5 Months as Correlation With Gold Turns Negative

The price of bitcoin hit the highest in over five months, as an increasing number...

Tuesday, October 12, 2021, 04:32:00 PM

Spencer Schiff, Former Bitcoin Bull, Now Believes AI Is the Answer

Spencer Schiff, known for advocating Bitcoin as the top cryptocurrency, has taken an unexpected turn,...

Tuesday, August 1, 2023, 02:56:00 PM

Bitcoin’s Value Relative to Gold And Stocks Has Reached Unprecedented Levels

In light of this week’s IPO of the highly valued cryptocurrency exchange Coinbase, and the...

Thursday, April 15, 2021, 02:48:00 PM