From Dow Jones & Company:

The U.S. Securities and Exchange Commission was the victim of a compromised social media account, leading to a false announcement of approved bitcoin ETFs. Chair Gary Gensler clarified that the SEC has not approved any spot bitcoin ETFs and that the unauthorized tweet was not made by the agency or its staff. Bitcoin’s price briefly surged over 2% following the false announcement before falling back. The crypto-market has been eagerly awaiting SEC approval of a spot bitcoin ETF, with a decision on an application filed by ARK Investment and 21Shares expected by January 10th.



Read more: SEC account on X ‘compromised’ and regulator has not approved bitcoin ETFs