I think it is misleading. I actually think Dr. Fauci said there is no evidence to support the idea the virus was enhanced and manipulated at the virology lab and that it was a naturally occurring bat virus. That is not in conflict with the idea that it was accidentally released from the lab where they were conducting experiments with bat viruses. At least this is what Senator Cotton from Arkansas said.
If that were true, we would have had a pandemic long before now.