Home » Business » US Securities and Exchange Commission Denies Approval for Bitcoin ETF Launch, Cites Unauthorized Tweet on “X” Platform

US Securities and Exchange Commission Denies Approval for Bitcoin ETF Launch, Cites Unauthorized Tweet on “X” Platform

US Securities and Exchange Commission Denies Approval for Bitcoin ETF Launch, Cites Unauthorized Tweet on “X” Platform

Direct: The US Securities and Exchange Commission denied, on Tuesday, its approval of launching exchange-traded funds to invest in “Bitcoin,” following a post on its official account on the “X” platform that claimed it had adopted the expected procedure.

Gary Gensler, head of the committee, said through his personal account in “X” that the authority’s account was hacked and an unauthorized tweet was published through it.

Gensler added that the US Securities and Exchange Commission has not yet approved the listing of spot ETF products for the cryptocurrency Bitcoin.

To trade and invest in the Egyptian Stock Exchange, click here

Follow the latest stock and economic news via our Telegram channel

Nominations

Egypt aims to achieve $45 billion in tourism revenues by 2030

Egypt aims to increase agricultural exports to $14 billion by 2030

Egypt aims for medicine exports to reach $5 billion by 2030

Egypt plans to manufacture 400 to 500 thousand cars annually by 2030

2024-01-10 00:47:55
#Securities #Commission #denies #approving #Bitcoin #fund

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.