Breaking news tonight as we kick off fast money live from the NASDAQ market

site I'm Melissa Lee here tonight Carter Worth Karen Feynerman Dan Nathan and

Bono and Eisen in just the last hour a roller coaster of news for the Bitcoin markets, the SEC

appearing to send a tweet just after the market close that said it had granted approval

for Bitcoin EDFs to list on all registered national securities exchanges.

The agency's official ex-account quoting Chair Gary Gensler saying,

today's approval enhances market transparency and provides investors with efficient access

to digital asset investments within a regulated

framework. But minutes later, Gensler himself tweeted that the post was

sent prematurely saying, quote, the SEC Gov Twitter account was compromised and an unauthorized tweet was

posted. The SEC has not approved the listing in trading a spot Bitcoin exchange

traded products. Let's get straight to Kate Rooney who's got the

very latest on this developing story. Kate. Hey Melissa, so we did get that tweet

that X post by the SEC official account and SEC spokesperson later emailing saying

attributable to a spokesperson they say the SEC's account had been

compromised. The unauthorized tweet regarding Bitcoin ETFs was not

made by the SEC or its staff.

You mentioned Gary Gensler.

I also just spoke to one of the issuers with a application out there.

They said that they were in a bit of a panic mode. They said they had not

gotten any word from the SEC. There was some confusion around that. It had also

affected Bitcoin prices. You saw the price of Bitcoin slump, and then later spike.

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