Former White House Communications Director Anthony Scaramucci’s Take on the Unauthorized Tweet
According to Anthony Scaramucci, the drama surrounding the unauthorized tweet about the approval of a spot Bitcoin ETF may be due to an SEC employee prematurely sharing the message. This mistake has caused heavy criticism for the US SEC.
Scaramucci Accuses Gary Gensler of Lying
Scaramucci believes that SEC Chair Gary Gensler lied when he claimed that the agency’s account was compromised and that the tweet was unauthorized. He sees this as part of the current SEC leadership regime’s dishonesty. Scaramucci expressed his disagreement with Gensler’s statement on Twitter, stating that an SEC employee shared the announcement prematurely and that Gensler is falsely blaming it on hacking.
Spot Bitcoin ETF Approval Still Pending
A total of 11 companies, including Blackrock, Fidelity, Bitwise, Ark Invest, 21Shares, Grayscale, and Valkyrie, are eagerly awaiting the approval of the first-ever spot Bitcoin ETF in the United States. The joint application by Ark Invest and 21Shares has a deadline of January 10, 2024, for approval or denial.
Scaramucci’s BTC Price Prediction
Interestingly, Scaramucci was one of the first to predict the potential date for the SEC’s approval of a Bitcoin ETF. He previously stated in December 2023 that approvals could come as early as January 2024. Additionally, Scaramucci has long-term predictions for Bitcoin’s price, forecasting it to reach half a million dollars.
Hot Take: Scaramucci Questions SEC Leadership and Predicts ETF Approval
Anthony Scaramucci’s criticism of the SEC’s handling of the unauthorized tweet and his accusation that SEC Chair Gary Gensler is lying highlight the ongoing controversy surrounding the approval of a spot Bitcoin ETF. With several major companies eagerly awaiting the SEC’s decision, Scaramucci’s predictions and insights add to the anticipation and speculation in the crypto community.
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