BITCOIN SPOT ETF
SEC’s Fake Spot Bitcoin ETF Approval Causes $140M Liquidation
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The global crypto and stock markets await the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin ETF today. The final deadline for the SEC to approve or deny ARK 21Shares Bitcoin ETF (ARKB) is today, January 10. Experts anticipate approval of all 11 spot Bitcoin ETFs prospectus at the same time.
Meanwhile, hackers took over the U.S. SEC’s X account and posted fake posts regarding the approval of all Bitcoin ETFs. SEC Chair Gary Gensler revealed immediately the securities agency has not approved the listing and trading of spot bitcoin exchange-traded products. It caused over $140 million in liquidation in a few hours.
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Gary Gensler took to X after fake spot Bitcoin ETF post. He said “The SEC 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.
💥Question: Who is manipulator ?
