Last Updated: Jan. 9, 2024 at 4:44 p.m. ET
First Published: Jan. 9, 2024 at 4:25 p.m. ET
A previous MarketWatch report and breaking-news alert inaccurately indicated that the Securities and Exchange Commission had approved the launch of bitcoin ETFs. Chair Gary Gensler said the regulator’s account on the social-media platform X, formerly Twitter, had been compromised and the purported news was not true.
The U.S. Securities and Exchange Commission has not approved any spot bitcoin exchange-traded funds, the market regulator’s chairman, Gary Gensler, said Tuesday.
Gensler…
A previous MarketWatch report and breaking-news alert inaccurately indicated that the Securities and Exchange Commission had approved the launch of bitcoin ETFs. Chair Gary Gensler said the regulator’s account on the social-media platform X, formerly Twitter, had been compromised and the purported news was not true.
The U.S. Securities and Exchange Commission has not approved any spot bitcoin exchange-traded funds, the market regulator’s chairman, Gary Gensler, said Tuesday.
Gensler said an earlier post on X, formerly known as Twitter, on the SEC account, was actually sent by an unauthorized user.
“The SEC has not approved the listing and trading of spot bitcoin exchange-traded products,” Gensler said on X.
This is a developing story.
