The Securities and Exchange Commission’s official social media account on X (formerly Twitter) posted a notice on Tuesday evening claiming it had approved listings for Bitcoin exchange-traded funds, or ETFs, which has since been deleted. Moments later, SEC Chair Gary Gensler said in a post on his own account that the agency’s account was “compromised, and an unauthorized tweet was posted.”
The SEC followed up with a post reiterating Gensler’s statement about the hack, and a spokesperson from the agency confirmed that statement to CNBC.
The post from the SEC’s account said, “Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities. The approved Bitcoin ETFs will be subject to ongoing surveillance…