Guess who hasn’t posted in over 24 hours when CryptoX Boosts Bitcoin ETF

As crypto fans celebrate the January 10th “historic” approval of spot Bitcoin (BTC) exchange-traded funds (ETFs), there's an X user on stage with radio silence.

Last day, tens of thousands of crypto X users flooded the platform celebrating the approval of spot Bitcoin ETFs. The hashtag #BitcoinETF is trending at X and the search term “Bitcoin ETF” has reached the top 100 points on Google Trends.

Many crypt X users described the day as “historic” – a total of 11 issuers received approval to list and trade their Bitcoin ETFs on US exchanges.

“This is a big deal. But note that this did not happen,” wrote Paul Grewal, Coinbase's chief legal officer, who said Greyscale's push against the SEC was key to getting ETF certifications online. SEC Commissioner Hester Pierce echoed similar sentiments in an official statement on the matter.

This is a big deal. But note that this did not happen. 1/3 https://t.co/ldVkLgTcqr

— paulgrewal.eth (@iampaulgrewal) January 10, 2024

But one party is a regular poster on X but is very silent on the matter.

The @SECGov account, which is owned by the US Securities and Exchange Commission, hasn't posted anything since its account was hacked on January 9th – which came after a “messy” tweet about Bitcoin ETF approvals.

The @SECGov X account was hacked, and an unauthorized post was posted. “The SEC has not approved the listing and trading of spot bitcoin trading products,” read the contents of its latest public message on Tuesday.

But that didn't stop CryptoX from tagging @SECGov.That didn't stop @SECGov from tagging @SECGov in this flurry of posts, ranging from posts dealing with the more complex details of the approval process to slamming the regulator for its “staggering incompetence” in handling account security.

Related: SEC says it's coordinating with FBI to investigate ‘corrupted' ETF tweet

The SEC's post about the hacking of the account now stands as the most liked post in the X-account's history — garnering more than 18,000 likes and 8.1 million impressions.

The @SECGov X account was hacked, and an unauthorized post was posted. The SEC has not approved the listing and marketing of spot bitcoin trading products.

— US Securities and Exchange Commission (@SECGov) January 9, 2024

Other big names – including one of the ETF issuers – took the opportunity to create some traction on the back of the announcement.

The official X label for Franklin Templeton – today's EFF-approved issuer – has updated its logo with a pair of beaming eyes – a symbol used by Bitcoin advocates on social media to demonstrate its ideological alignment with the asset.

#NewProfilePic pic.twitter.com/OZTfkehgUa

— Franklin Templeton (@FTI_US) January 10, 2024

According to Bloomberg ETF analyst James Seifert, ETFs will resume trading as of January 11.

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