Very good post!! This whole issue of ETFs has generated a lot of tension for us.

It is true that volatility in the price of BTC can generate intense emotions, but trusting unverified information can have consequences. The situation appears to have been sparked by a fake tweet of the alleged SEC approval announcement of a BTC ETF, which led to massive buying and then a sharp drop when it was revealed to be fake.

Speculation about the possibility of an internal hack at the SEC is intriguing, and the criticism of those who reacted impulsively to the tweet is valid. In an environment where cryptocurrencies are so susceptible to volatility, caution and verification of sources are crucial.

Kind regards from web3