SEC approves bitcoin spot ETFs — what this means for crypto

If anyone here lives in a cave and missed this somehow: SEC twitter was hacked yesterday and tweeted a fake ETF approval tweet (edit: mentioned in the post I really should read before commenting but I'm sick so blargh).

This lead to a surprising amount of conspiratorial thinking including that:

• An intern did it, despite the SEC saying they were compromised
• They just oopsied and posted it a bit early, despite saying they were compromised
• They did it themselves on purpose just to mess with bitcoiners or pump-and-dump or something
• They did it themselves because twitter restored the account suspiciously fast.

With the actual approval everyone'll probably move on. But bitcoiners are doomed to chronic dissatisfaction so they'll probably find something new to hate the SEC for sooner or later.