In an unexpected turn of events, the SEC's official account on X (formerly Twitter) has been hacked.
A fake press release was published, falsely announcing the approval of Bitcoin spot ETFs.



This erroneous announcement caused a spike in the price of Bitcoin, which briefly climbed to over $48,000 before falling back to under $45,000. The SEC, through its chairman Gary Gensler, clarified that the tweet was unauthorised and that approval for spot Bitcoin ETFs had not been given.

The incident raised questions about the SEC's account security management, particularly after observers noted unusual 'likes' attributed by the official account, suggesting a genuine hack rather than a simple programming error.
The situation was also commented on by Elon Musk, leading to a rise in DOGE's share price. This mishap highlights the importance of cybersecurity, especially for a regulatory body like the SEC.


Finally :

The SEC finally accepted the 11 Bitcoin spot ETFs on Wednesday, marking a major turning point for bitcoin and crypto investing. The move pushed bitcoin briefly up to $49,000, before dropping back down to $46,000. The undisputed leader of this new wave was BlackRock's ETF, which, despite its higher cost, dominated half of all traded volumes. This historic development has generated a lot of interest, catapulting research into the Bitcoin ETF to record levels. Following this successful launch on Wall Street, with volumes approaching $1.5 billion, attention is now turning to future ETFs based on ethereum, expected this spring.