In what turns out to be an early April Fool’s joke for everyone involved, it appears that the U.S. Securities and Exchange Commission has actually NOT approved any spot Bitcoin ETFs. Less than 30 minutes ago, a tweet from the SEC’s Official X (formerly known as Twitter) claimed the following:
however, the tweet in question has since been removed and refuted by Gary Gensler, chairman of the US SEC himself. According to Gensler it is
“The @SECGov TWitter’s account was compromised and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”
Needless to say, the reactions changed quickly. Community sentiment quickly changed from euphoria and elation to a sense of disappointment. And yet, despite confirmation from the chairman himself, there are still people who refuse to believe what happened.
For example, in response to Gensler’s tweet, Bankless’ Ryan Sean Adams tweeted:
How do we know this account hasn’t been compromised?
— RYAN SΞAN ADAMS – rsa.eth (@RyanSAdams) January 9, 2024
At this time it is unclear who is responsible for this prank. At the time of writing, no details had been shared by Gensler, the SEC or any law enforcement agency.
What is clear, however, is that someone has exploited the sentiment of the crypto community as a whole.