Busting the Bubble Unveiling the Truth behind Fake Spot Bitcoin ETF News

Clearing Confusion False News on Sharing Bitcoin ETF Spots

Dear Cointelegraph Investors,

We want to start off by saying a big thank you for your unwavering support and trust in our publication over the past decade. We’ve strived to deliver the most engaging, thought-provoking, and downright hilarious news in the cryptocurrency space. But hey, even the best of us trip over our shoelaces sometimes.

Today, our social media team had a little mishap. Picture this: they were cruising along, doing their routine coverage, when they accidentally hit the “send” button on a message about X. Now, this message claimed that the United States Securities and Exchange Commission had given the green light to BlackRock’s iShares spot Bitcoin exchange-traded fund, or ETF. Sounds exciting, right? Well, here’s the plot twist: it was FALSE! Dramatic gasp.

You see, the whole thing started with an unconfirmed screenshot from a X user who claimed it was legit info from the Bloomberg Terminal. Our team thought, “Hey, this seems legit, we better get this out there ASAP!” And boom, the message was sent before anyone could double-check the source. Our bad.

But hey, at least we didn’t double-down on the falsehood. We didn’t publish an article with this misleading information. So, while we’re sorry for the confusion, at least we didn’t completely break your hearts.

Now, let’s take a walk down the timeline of this little blunder, shall we?

13:17:30 UTC: The editorial team got wind of this rumor through a Telegram channel where our eagle-eyed employees scout for interesting stories. But alas, the conversation lacked the verification we so dearly needed. Check out Figure 1 for a snapshot of the chat. It’s like being a fly on the wall of an accidental scandal.

13:19:27 UTC: Employee 1, true to their duty, reposted the lead from that deleted Telegram account to our internal Slack channel. Take a gander at Figure 2, where you can witness the excitement building up like a volcano about to erupt.

13:24:16 UTC: Trying to ride the tsunami of breaking news, Employee 2 went against protocol and posted the report on X without the editor’s approval. Naughty, naughty! You can see the evidence in Figure 4. We promise, there will be no more rogue typists in our midst.

13:48:38 UTC: Cue the readers, like shining knights on social media, reporting the issue to us. Check out Figure 5 if you need proof. We have your backs, and we’re grateful for your vigilance.

13:52:19 UTC: Amidst the chaos, Employee 1 piped up in the internal chat, saying, “Uh, guys, we can’t find the source.” It’s like that moment in a detective movie where you realize you’re chasing a ghost. Figure 6 captures that perplexed expression perfectly.

13:54:14 UTC: Employee 3 swoops in, wearing their editorial superhero cape, and edits the message on X to clarify that the information is nothing more than a rumor. Figure 7 will forever be a symbol of their heroic deed.

14:03:42 UTC: We couldn’t just sit idly by, hoping everything would blow over. Nope! We reached out to BlackRock and the Bloomberg Terminal to investigate, and then promptly removed the post. See Figure 8 for evidence of our super sleuthing skills.

14:32:23 UTC: Drumroll, please! We received confirmation from BlackRock that the report was as false as a politician’s promises. We retracted the initial tweet and issued a statement, as shown in Figure 9. Crisis averted, folks!

Now, here’s the plan: we’re putting on our detective hats and thoroughly auditing our social media management processes. No more fumbles in the game, my friends. We’re having serious conversations with the whole crew, and we’ll make sure this doesn’t happen again. We’re committed to upholding the highest standards of journalism, even when things get a bit tangled.

We want you to know that we take our role in the cryptocurrency community seriously. We’re here to learn from our mistakes, like a phoenix rising from the ashes of a social media snafu. So, stick with us, folks. We’re in this together.

Yours sincerely,

The Cointelegraph Team


Hey there, Cointelegraph Crusaders!

Well, things got a little crazy at the Cointelegraph HQ recently, but hey, nobody’s perfect, right? We just wanted to take a moment to appreciate your incredible support and trust in our wacky publication. You’ve been with us through thick and thin, and for that, we’re eternally grateful. Cue standing ovation.

Now, let’s dive into the unexpected rollercoaster ride that unfolded. Imagine this: our social media team, cruising along in their digital realm, accidentally hit the turbo boost button on a message about X. According to this message, the United States Securities and Exchange Commission had given the thumbs up to BlackRock’s iShares spot Bitcoin exchange-traded fund, or ETF. Exciting stuff, right? Well, here’s the kicker: it was a LIE! Gasps and shocked faces everywhere.

So, how did this tall tale come to life? Well, turns out, it all started with an unconfirmed screenshot from a sneaky X user who, for all we know, could’ve been a unicorn typing away on a magical keyboard. This mysterious screenshot claimed to be some insider info from the Bloomberg Terminal. Our clever team thought, “Well, this seems legit, let’s get this out there!” And voila, they hit send faster than a cheetah chasing its prey. The only problem? No one double-checked the source. Oopsie daisy!

But hey, at least we didn’t go all-in on this wild goose chase. We didn’t publish an article with this misleading information. So, while we’re sorry for the momentary confusion, at least we didn’t completely shatter your digital dreams.

Now, let’s take a trip down memory lane and glance at the magical timeline of events:

13:17:30 UTC: The editorial team caught a whiff of this juicy rumor through a Telegram channel filled with our intrepid storytellers. But alas, this gossip session lacked the all-important verification. Take a peek at Figure 1 to witness the virtual watercooler chat of the century. It’s like being a fly on the wall, listening to the juiciest secret you weren’t meant to hear.

13:19:27 UTC: Employee 1, our dutiful informant, reposted the lead from that sneaky Telegram account to our internal Slack channel. Picture this: excitement building, opportunity knocking. Catch a glimpse of the excitement in Figure 2. It’s like watching a pot of gold appear at the end of a digital rainbow.

13:24:16 UTC: In a moment of reckless abandon, Employee 2 decided to break the rules and share the unverified report on X without seeking the editor’s approval. Naughty, naughty! While we can’t condone their rule-breaking tendencies, we have to admit there’s a certain rebellious charm to it. See Figure 4 for proof of this digital rebellion.

13:48:38 UTC: Enter the heroes of the story – our vigilant readers! With the power of social media, they swooped in and reported the issue back to us. We couldn’t be more grateful for their unwavering dedication. Give yourselves a round of applause, folks. See Figure 5 for evidence that superheroes exist among us.

13:52:19 UTC: Amidst the chaos, Employee 1 spoke up in the internal chat, uttering those five dreaded words: “Uh, guys, we can’t find the source.” It’s like watching the moment in a Scooby-Doo episode where they realize the ghost was just Old Man Jenkins disguised as a floating hologram. Take a gander at Figure 6 to see the perplexed expression on their digital faces.

13:54:14 UTC: And then, like a ray of sunshine breaking through the darkest clouds, Employee 3 steps up to save the day. Armed with their editorial prowess, they swiftly edited the message on X to clarify that the information was nothing more than a rumor. Witness this digital heroism in Figure 7. It’s like watching Clark Kent transform into Superman right before your eyes.

14:03:42 UTC: We couldn’t just sit idly by, hoping everything would blow over. Oh no, we took action! We reached out to BlackRock and the Bloomberg Terminal, determined to uncover the truth. And then, like a vanishing act, we removed the post from existence. Witness our detective skills in Figure 8. It’s like watching Sherlock Holmes at the height of his deduction game.

14:32:23 UTC: And there it was, the moment of truth. We received confirmation from BlackRock that the report was about as real as a leprechaun’s pot of gold. We retracted the initial tweet and issued a statement, as captured in Figure 9. Crisis averted, my friends. Crisis averted.

So, what’s the plan now? We’re rolling up our sleeves and conducting a thorough audit of our social media management processes. No more slip-ups, we promise. We’re engaging in some serious soul-searching conversations with our team, and we’ll make sure this doesn’t happen again. We’re committed to upholding the highest standards of journalism, even when the digital winds get a bit gusty.

Remember, dear readers, our actions have consequences that ripple through the cryptocurrency community. We’re here to learn from our mistakes, like a phoenix rising from the ashes of a fiery tweetstorm. So buckle up, because we’re in this wild journey together.

Yours sincerely,

The Cointelegraph Team


Hey there, fellow investors!

Well, well, well, it seems like we’ve had a little adventure in the Cointelegraph realm. But hey, don’t worry, we’ve got this under control. First things first, we want to take a moment to thank each and every one of you for being the backbone of our operation. You’ve supported us through thick and thin, and for that, we’re forever grateful. Give yourselves a pat on the back, you awesome humans!

Now, let’s dive into the whirlwind of events that unfolded. Picture this: our social media team, cruising along on their digital highway, hit a bit of a speed bump. They accidentally sent out a message about X that caused quite a stir. According to this message, the United States Securities and Exchange Commission gave BlackRock’s iShares spot Bitcoin exchange-traded fund, or ETF, the thumbs-up. Good news, right? Wrong! Brace yourselves, because this news was faker than the Loch Ness Monster swimming in a kiddie pool. Gasp!

So, how did this tale of misinformation come to be? Well, it started with an unconfirmed screenshot from a mischievous X user who claimed it was some secret sauce from the Bloomberg Terminal. Our team, being the eager beavers they are, jumped on the bandwagon and thought, “Hey, let’s break the internet with this news!” And just like that, the message went out before anyone could exclaim, “Hold on, let’s check this out first!” A classic case of hitting “send” before double-checking. Oopsie doopsie!

But hey, we didn’t go all-in on this wild goose chase. We didn’t publish an article with this false information. So, while we apologize for the momentary confusion, we promise we didn’t lead you too far down the yellow brick road of deception.

Now, let’s embark on a journey through time to relive the epic blunder:

13:17:30 UTC: The editorial team received a hot tip through a Telegram channel where our eagle-eyed employees gather stories to dazzle our readers. Unfortunately, this tip lacked the verification we usually demand. Peek into Figure 1 to witness the digital chit-chat that set off the chain of events. It’s like eavesdropping on the most fashionable rumor mill in town.

13:19:27 UTC: Employee 1, our skilled messenger, re-shared the lead from that now-deleted Telegram account in our internal Slack channel. Imagine the excitement brewing, like popcorn kernels popping in a microwave. Savor the anticipation in Figure 2. It’s like teleporting into a secret gathering of digital wizards plotting their next move.

13:24:16 UTC: In a moment of “carpe diem,” Employee 2 went rogue and posted the unverified report on X without getting the editor’s sign-off. Oh, the thrill of breaking the rules! But hey, we can’t encourage such recklessness. Turn your attention to Figure 4 for a glimpse of the digital rebels at work.

13:48:38 UTC: Enter our trusty readers, crusaders against misinformation! Fueled by the power of social media, they sounded the alarm and reported the issue back to us. We can’t thank you enough for your vigilance. You’re literal heroes in the digital realm. Give yourselves a round of applause, folks! Get a taste of their valor in Figure 5, where they channel their inner knights in shining social media armor.

13:52:19 UTC: In the midst of the chaos, Employee 1 threw up their hands and exclaimed, “Hold up, peeps! We can’t find the source of this madness!” It’s like watching a character in a mystery movie realizing they’ve been chasing a phantom all along. Chuckle at the bewilderment captured in Figure 6. It’s like a digital version of Scooby-Doo scratching his head in confusion.

13:54:14 UTC: Fear not, for out of the digital clouds emerged Employee 3, armed with their editorial saber, ready for battle. They swiftly edited the message on X to make it crystal clear that the information was nothing more than a rumor. Witness their editorial prowess in Figure 7 – it’s like watching a master wordsmith slay the dragons of misinformation.

14:03:42 UTC: We weren’t about to sit around twiddling our digital thumbs, hoping the storm would blow over. Oh no, we took action! We reached out to BlackRock and the Bloomberg Terminal, determined to separate fact from fiction. And then, like a magician pulling a rabbit out of a hat, we whisked away the post. Check out Figure 8 for a glimpse of our digital disappearing act. It’s like watching Houdini do his thing.

14:32:23 UTC: The moment of truth arrived, shining a light on the path of righteousness. BlackRock confirmed that the report was as real as unicorns frolicking in a meadow. And so, we retracted the initial tweet and issued a statement (see Figure 9) that restored balance to the digital universe. Crisis averted, my friends!

Now, what’s the game plan? Well, we’re rolling up our sleeves and digging deep into our social media management processes. We won’t leave any digital stone unturned. We’re having serious conversations with our team, ensuring this never happens again. We’re committed to upholding the highest standards of journalism, even when digital gremlins try to throw us off track.

Remember, dear readers, our every move has an impact on the cryptocurrency community. We treasure the lessons learned from our missteps and strive to be your guiding light in this wonderful, wild world of crypto. So, gear up, fam! We’ve got your back, and together, we’ll conquer the digital frontier.

Yours sincerely,

The Cointelegraph Team


Hey there, crypto enthusiasts!

We just had a little detour on our journey, but rest assured, we’re back on track. Before we continue, we want to take a moment to express our sincere gratitude for your unwavering support. You’ve become like family to us, and we’re eternally grateful for every moment spent together. Group hug!

Now, let’s dive into the unexpected twist that unfolded. Imagine this: our social media team, cruising along with the wind in their digital hair, accidentally hit the turbo button on a message about X. This message claimed that the United States Securities and Exchange Commission had waved its magic wand and blessed BlackRock’s iShares spot Bitcoin exchange-traded fund, or ETF. Wowza! Sounds too good to be true? Well, hang on to your digital seats, because it WAS! Cue the dramatic music.

So, how did this tale of misinformation come to be? Well, picture this: a sneaky X user shared an unverified screenshot that they claimed was insider info straight from the prestigious Bloomberg Terminal. Our team, always hunting for that next big scoop, saw it and thought, “Hot diggity dog, let’s make some noise!” And off they went, hitting send faster than a cheetah chasing its prey. The only problem? Nobody gave the source a second glance. Our bad!

But hey, at least we didn’t go all-in on this fiction fest. We didn’t publish an article with this misleading information. So, while we’re sorry for any temporary confusion, just know that we didn’t drag you into a digital Bermuda Triangle.

Now, let’s fasten our seatbelts and embark on a journey through time to revisit the rollercoaster of events:

13:17:30 UTC: The editorial team stumbled upon a tantalizing rumor in a Telegram channel where our sharp-eyed employees gather intel. Little did they know, this rumor lacked the essential ingredient we call verification. Take a peek at Figure 1 to witness the digital watercooler conversation of the century. It’s like accidentally overhearing your favorite celebrity gossip. Psst, we won’t tell anyone.

13:19:27 UTC: Energized by the potential scoop, Employee 1 emerged from the shadows and shared the sneaky lead in our internal Slack channel. Imagine the excitement building, like an explosion of confetti at a surprise party. Feast your eyes on Figure 2 for a glimpse into their world of thrilling secrets.

13:24:16 UTC: Remember that moment when someone decides to walk on the wild side? Well, that’s exactly what Employee 2 did. Breaking the rules, they shared the unverified report on X without seeking the editor’s blessing. Oh, the thrill of rebellion! Let’s not encourage such mischief, but hey, it makes for a good story. Get a front-row seat to the rule-breaking shenanigans in Figure 4.

13:48:38 UTC: But fear not, dear readers, for you are our knights in shining social media armor! Armed with the power of your digital voices, you reported the issue back to us. We can’t thank you enough for your ever-watchful eyes. Give yourselves a pat on the back, you marvelous guardians of truth. Figure 5 awaits, with evidence of your valiant efforts.

13:52:19 UTC: Amidst the chaos, Employee 1 couldn’t help but raise their virtual eyebrow and whisper into the digital abyss, “Guys, I can’t find the source anywhere!” It’s like that moment in a detective movie when the protagonist realizes they’ve been chasing a spectral shadow. Witness this puzzling revelation in Figure 6. Cue the suspenseful music!

13:54:14 UTC: Like a shining beacon of hope, Employee 3 emerged from the chaos, armed with their editorial wizardry. They swiftly edited the message on X, making it clear that the information was naught but a rumor whispering in the digital winds. Marvel at their editorial prowess in Figure 7, like witnessing a master painter brush away errant strokes.

14:03:42 UTC: We couldn’t just bury our digital heads in the sand, hoping the storm would pass us by. Oh no, we took action! We reached out to BlackRock and the Bloomberg Terminal, embarking on a quest for truth. And then, with a flick of the digital wand, we erased the post from existence. Watch our mastery unfold in Figure 8. It’s like watching a magician make a skyscraper vanish.

14:32:23 UTC: And finally, paradise was restored! We received confirmation from BlackRock that the report was as deceptive as a mirage in the desert. We retracted the initial tweet and issued a statement, ending this digital tale of errors. Witness the triumph in Figure 9, where truth triumphs over the forces of illusion.

Now, what’s the game plan? We’re rolling up our sleeves and diving deep into our social media management processes. No more stumblebum moments, we promise. We’re having serious conversations with our team, ensuring this never happens again. We’re committed to upholding the highest standards of journalism, even when the digital winds blow us off course.

Remember, dear readers, every step we take has an impact on the cryptocurrency community. We cherish the lessons learned from our mishaps and vow to be the guiding light in this thrilling crypto adventure. So, buckle up, fellow pioneers, because we’re in this together. Onward we go!

Yours sincerely,

The Cointelegraph Team

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more