our business correspondent in new york, is erin delmore. if you re in the crypto world or curious about getting into it, then a spot bitcoin etf has been on your radar. it allows people to bet on bitcoin s gains and losses, even if they do not own bitcoin themselves. us regulators are widely expected to approve the new exchange traded funds this week. so, when a tweet was posted from the sec gov account, saying essentially that, it was noteworthy. it was also wrong. the sec and its chair, gary gensler, quickly posted on x that the sec account was compromised and the regulator had not yet approved the listing in trading of spot bitcoin exchange traded products. the erroneous tweet also included graphic with a quote from chair gensler, a second tweet that also said $ btc . bitcoin s ticker symbol was also posted but was then almost immediately deleted. for bitcoin s value, a bit of a ride. the cryptocurrency climbed to nearly $48,000 on the false news and fell back down to $45
select committee in parliament next week. this is one of those stories that has moved extremely slowly for 20 years orso extremely slowly for 20 years or so and then due to that series on itv has accelerated in the last few days. what we are seeing is investors are beginning to recognise this is potentially a problem for fujitsu. 0vernight we have seen the share price of fujitsu form by 3%. to put that in context, the nick cave 225 was up, heading a 3k year high. regency and the markets are moving in different directions. i think that is a reflection both of the potential financial costs of regency pot perhaps more importantly the reputational damage of this failed horizon system. might surprise people that the horizon system is still being used, and fujitsu are still involved.