Summary: As anticipation grows over the potential approval of bitcoin exchange-traded funds (ETFs) in the United States, a Bitcoin user has used a transaction to playfully reference the possibility. Embedding the message “SEC Chairman on the brink of second ETF approval” into the blockchain, the prankster has added to the frenzy surrounding the topic.
In the midst of heightened speculation that the U.S. Securities and Exchange Commission (SEC) could approve bitcoin ETFs as early as this week, one individual has taken the opportunity to inject humor into the situation. Late on Tuesday, a Bitcoin user included a transaction that featured an encoded message alluding to the imminent approval. The message, which referenced the SEC Chairman, was made possible by Bitcoin’s OP_RETURN function, allowing for the inclusion of data in a transaction that cannot be spent.
According to mempool.space, a website tracking Bitcoin blockchain activity, the fee paid for this particular transaction amounted to $2.97. The timing of the prank is particularly significant due to the recent hack of the SEC’s official Twitter account, where a phony announcement of a Bitcoin ETF approval was posted, causing turmoil in the cryptocurrency markets.
This lighthearted action is also reminiscent of a significant event in Bitcoin’s history. In 2009, the cryptocurrency’s anonymous creator embedded a headline from The Times newspaper into the blockchain’s first block, known as the “Genesis” block. The headline read, “Chancellor on brink of second bailout for banks.” This prankster has chosen a similar approach, drawing attention to the excitement and ongoing anticipation surrounding the potential approval of Bitcoin ETFs.
While the market eagerly awaits the SEC’s decision on Bitcoin ETFs, this light-hearted message serves as a reminder of the creative ways individuals can interact with and leave their mark on the blockchain. As the cryptocurrency space continues to evolve and gain mainstream attention, it is likely that we will see more instances of playful moments like these, adding a touch of levity to the fintech revolution.
The source of the article is from the blog maestropasta.cz