No, the SEC has not (yet) approved bitcoin ETFs

New York (CNN) — Crypto advocates gunning for approval for bitcoin ETFs by the Securities and Exchange Commission got a false alarm on Tuesday afternoon. The SEC’s X account posted a message saying the regulator had approved them, but SEC Chair Gary Gensler quickly published a message on his own X account indicating the agency’s account had been hacked.

Posted 9:57 p.m. Jan 9 — Updated 9:57 p.m. Jan 9

Jeanne Sahadi

, CNN

CNN — New York (CNN) — Crypto advocates gunning for approval for bitcoin ETFs by the Securities and Exchange Commission got a false alarm on Tuesday afternoon. The SEC’s X account posted a message saying the regulator had approved them, but SEC Chair Gary Gensler quickly published a message on his own X account indicating the agency’s account had been hacked.

“The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”

The SEC did not immediately reply to a request for comment.

This is a developing story and will be updated.

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