U.S. SEC has not approved bitcoin ETFs, says social media account was compromised

The U.S. Securities and Exchange Commission (SEC) said Tuesday afternoon that a social media post saying it had approved a spot bitcoin exchange-traded fund (ETF) was false and its account had been compromised. 

A post on X, formerly known as Twitter, said that the SEC had granted approval for bitcoin ETFs on all registered national securities exchanges and included a picture purporting to quote SEC Chair Gary Gensler. 

By 4:11 PM ET, the post on the SEC’s X account had received at least 1 million views.

Fewer than 20 minutes later, it was no longer visible and appeared to have been deleted.

An agency spokesperson said Tuesday