🗞 SEC Twitter was hacked at night and posted a message that the spot BTC ETF was approved.
BTC rose to $48,000

20 minutes later, Gary Gensler tweeted:

“The SECGov Twitter account was hacked and an unauthorized tweet was posted. The Securities and Exchange Commission (SEC) has not approved the listing and trading of Bitcoin spot exchange-traded products.”

#спотовый bitcoin #btc-etf #фейковые BTC news #биткоин

ETF EFFECT 🌟

Since last year, crypto ETF news has had a certain place in the top financial news. And after several months of languishing, the SEC finally approved #BTC-ETF in January of this year. From this point on, the real race began.

And in September, #ETH-ETF was approved.

Attention to the chart!

As of 09/30/2024, the total AUM (Assets Under Management) in crypto ETFs (at the moment, only $BTC and $ETH have been approved) is almost $ 58 billion.

Over the past 90 days, this figure has risen by as much as $ 10 billion (20%), and over the entire period of existence (almost 7 months already) it has almost doubled.

Not bad, but it's still a start......

#BullishOutlook📈 , #ETFs✅ , #Positive