The United States Securities and Exchange Commission has not given the green light to the first spot Bitcoin ETF in the country on Tuesday, Garry Gensler confirms on X.
A false story was published after the official X (formerly Twitter) account from the United States Securities and Exchange Commission (SEC) posted a tweet claiming that the regulator had approved spot Bitcoin ETF.
In a Jan. 9 X post, SEC chair Gary Gensler confirmed the commission had “not approved the listing and trading of spot bitcoin exchange-traded products,” despite a tweet from the official SEC X account. News outlets, including Cointelegraph, Blockworks, and Reuters initially reported on the story from the SEC before Gensler’s statement.
This is a developing story, and further information will be added as it becomes available.
