Crypto users were treated to ephemeral joys on October 16 following fake news that the U.S. securities regulator had approved a Bitcoin Spot ETF. In a now-deleted tweet, media outlet Cointelegraph alleged that the Securities and Exchange Commission (SEC) had approved the Bitcoin spot ETF application for iShares, a report that verifiable sources couldn’t substantiate. Moments after the fake news spread hastily, Bitcoin’s (BTC) price shot to $29,483 before dropping sharply to $27,918.

00:00 intro
00:29 Fake ETF News
01:06 $65mil liquidated
01:23 Cointelegraph Apology
02:45 Check Your Sources
03:19 Shadey Rumors
04:25 Grayscale Appeal & ETF
07:10 BTC ETF Inflows
09:56 Larry Fink Speaks
10:18 outro

#Bitcoin #Crypto #Ethereum
~Fake Bitcoin ETF Approval Pump 🚫~
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