On January 9 at around 16:18 Washington time, information was posted on the US Securities and Exchange Commission (SEC) page about the approval of all applications to launch a Bitcoin ETF. However, the news was posted by hackers who broke into the account and was subsequently deleted. While many waited until January 10 for an official regulatory announcement, Bitcoin ETFs have been approved for listing on all national securities exchanges.
After this announcement, the price of Bitcoin first jumped to $48,100, but then fell to $45,090 and even to $44,117. Gary Gensler, Chairman of the SEC, quickly released a message that the SEC account had been hacked and that the Commission had not authorized Bitcoin ETF trading.
Many of those who were deceived by this message began to criticize Gensler. Some media outlets even managed to report the good news about the approval of the Bitcoin ETF, but later they had to refute this information.
Last Friday, SEC lawyers met with representatives of major exchanges, including the NYSE, Nasdaq and CBOE, which plan to trade Bitcoin ETFs.
Investors are still waiting, and some experts are skeptical about the possibility of a Bitcoin ETF being approved.
