01.10.24
SEC Blames Hack for Incorrect Post About Bitcoin ETF Approval
by: Paul Kiernan; Alexander Osipovich
The U.S. Securities and Exchange Commission’s (SEC) official X account was hacked when the agency posted on Tuesday that it had approved exchange-traded funds (ETFs) holding bitcoin, according to officials. Bitcoin has more than doubled since last January, in part on the expectation that approval would fuel further purchases of digital currencies. A decision is expected as soon as this week, with leading asset managers like BlackRock and Fidelity Investments seeking permission to offer spot bitcoin ETFs.
Read the full article on Wall Street Journal