They got hacked is almost certainly a lie. So what really happened? Intentional market manipulation? Maybe, but that might be a little too obvious.
My speculation so far...
  1. Someone did approve the ETF and the tweet went out.
  2. Then someone else with higher authority reneged on the approval.
  3. Caught with their pants down they lied about the hack.
Still, any explanation is pretty wild to think about. None of these things look good for the SEC and it certainly reinforces clown world 🤡