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Crypto community responds to fake ETF approval with memes and disbelief
If this isn’t the most crypto thing to happen to crypto on the eve of a potential spot bitcoin ETF decision… The bitcoin ETFs were approved, a post by the official account of the Securities and Exchange Commission declared in an X post late Tuesday. The post, which included a screenshot of a quote from Chair Gary Gensler, was vague about the details of the approval. Within minutes, however, it became apparent that the post — even though it had been sent by the SEC itself — was not authentic. The SEC had not approved the ETFs after all, with the agency declaring that its account was “compromised.” ... (full story)