👉👉👉 As Crypto X cheers Bitcoin ETFs, guess who hasn’t posted in over 24 hours
While the crypto community erupts in celebration over the historic approval of spot Bitcoin ETFs, a notable silence hangs over one X account: the U.S. Securities and Exchange Commission's (#SEC ) SECGov.
Celebratory hashtags like #BitcoinETF flood the platform, and Google Trends sees "Bitcoin ETF" reach peak popularity. Crypto users hail this day as a landmark, with 11 issuers receiving approval to list and trade Bitcoin ETFs in the US.
Behind this joy, however, lingers the memory of yesterday's bungled announcement. The #SecGov account was hacked, leading to a false tweet claiming #BitcoinETF💰💰💰 approval, which sent the market into a temporary frenzy before being corrected.
Since confirming the hack and unauthorized tweet, the SECGov account has remained silent. This hasn't stopped the crypto community from tagging SECGov in a deluge of posts, seeking details and criticizing the agency for its "glaring incompetence" in securing its account.
Despite this silence, the approval of spot Bitcoin ETFs marks a significant moment for the crypto industry. It opens doors for wider adoption and institutional investment, potentially propelling Bitcoin further into the mainstream. However, the SEC's handling of the announcement, and its subsequent silence, leave a lingering question: will this be a smooth transition for Bitcoin, or will regulatory hiccups continue to plague the industry?
Key Points:
- Crypto community celebrates historic approval of spot Bitcoin ETFs.
- SECGov account silent since hack and false tweet.
- Community criticizes SEC for security lapse and seeks clarification.
- Bitcoin's future remains uncertain, despite the positive news.
Source - cointelegraph.com
