The US Securities and Exchange Commission (SEC) approved on January 10th that the first batch of spot Bitcoin ETFs will begin trading on January 11th the following day.

However, going public is the peak, and Bitcoin has emerged from a typical trend of selling facts. On January 11th, Bitcoin briefly rose above $49000 in intraday trading, reaching a new high since December 2021, with a daily increase of approximately 6.8%. However, the enthusiasm quickly faded, and Bitcoin fell within the day, returning below $46000. Based on the lowest price of $39500 in Monday's trading, Bitcoin has cumulatively retreated by 20%, entering a technical bear market.

On January 22nd local time, the US Securities and Exchange Commission (SEC) issued a statement stating that an unidentified hacker had taken over the phone numbers of SEC employees earlier in January and posted false posts on social media. This post claims in advance that the SEC has approved the listing and trading of spot Bitcoin exchange traded funds (ETFs) in the United States. The phone of an SEC employee became the target of a "SIM card exchange" attack carried out through the telecommunications operator of the agency, allowing hackers to gain control over the SEC X account.

"SEC staff have not found any evidence to suggest that this unauthorized party has obtained access to SEC systems, data, devices, or other social media accounts," the SEC stated in a statement. The agency stated that the network departments of the US Department of Justice, the Federal Bureau of Investigation, the Department of Homeland Security, the Commodity Futures Trading Commission (CFTC), as well as the Inspector General and law enforcement agencies of the SEC, are continuing to investigate this matter. The SEC also stated that the multiple authentication of its X account was disabled in July last year and was only reactivated after this incident occurred. Regulatory authorities say that all SEC social media accounts that provide multiple authentication are now enabled with this feature.

On January 9th local time, the US Securities and Exchange Commission (SEC) announced on its official social media account X that it has approved all applications for Bitcoin spot ETFs to be listed on national exchanges in the United States. The SEC also claimed that approved ETFs will continue to be monitored to ensure that their compliance measures continuously protect investors.

After this news was released, the price of Bitcoin briefly soared above $47800, hitting a new intraday high.

However, SEC Chairman Gary Gensler subsequently urgently clarified on his personal account that the US Securities and Exchange Commission's social media account had been hacked, and the news was "unauthorized". The SEC has not yet approved the listing and trading of spot Bitcoin ETFs.

Meanwhile, a spokesperson for the SEC stated that the SEC account has been hacked, and unauthorized information about Bitcoin ETFs was not released by the SEC or its staff.

It is understood that about a dozen companies have applied to list Bitcoin ETFs in the United States. BlackRock, Ark, and several other potential Bitcoin ETF issuers submitted revised forms earlier on January 8th. The SEC needs to respond to at least one of these applications before January 10th, and cryptocurrency insiders speculate that regulatory agencies will use this date to announce relevant decisions.