(Reuters) – The U.S. Securities and Exchange Commission (SEC) has not yet approved a spot bitcoin exchange traded fund (ETF), an agency spokesperson said on Tuesday, adding that a post on its social media platform X was incorrect.
The SEC’s account had been compromised, the spokesperson said, without providing additional details.
The SEC was widely expected on Wednesday to finally approve a batch of ETFs that track the price of bitcoin, in a potential watershed moment for the crypto industry.
The unauthorized post on X said that the SEC had granted approval for bitcoin ETFs on all registered national securities exchanges and included a picture purporting to quote SEC Chair Gary Gensler.
(Reporting by Hannah Lang in Washington; Editing by Anna Driver)
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