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Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022 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.
Read more: channelnewsasia
