đDeFi enthusiasts, gather 'round for a hilarious tale! The SEC's X (formerly Twitter) account got hacked, and they "approved" #Bitcoin ETFs for a hot minute. đ But don't worry, our optimism remains unshaken! đȘ
đLet's dive into the details: The compromised account tweeted about the approval, even quoting SEC Chair Gary Gensler. But alas, it was all a ruse! đ The SEC quickly clarified that no such approval had been granted...yet. đ
đThe fake news sent BTC on a wild ride, wiping out $50M in leveraged derivatives positions. Ouch! đŹ But hey, we're still here, eagerly awaiting the *real* approval. đ€
đŁïžSo, what do you think? Will the SEC give the green light to spot Bitcoin ETFs soon? Share your thoughts in the comments! đ #DeFi #Web3