Bitcoin ETF Approval in the US

Summary

In January 2024, the SEC approved spot Bitcoin ETFs from multiple issuers, marking a significant milestone for institutional Bitcoin adoption in the United States.

Resources

• https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023
• https://www.coindesk.com/policy/2024/01/10/sec-approves-spot-bitcoin-etfs/
• https://bitcoinmagazine.com/business/sec-approves-11-spot-bitcoin-etfs

Discussion Questions

• How might ETF approval impact Bitcoin's price and volatility?
• What are the differences between spot ETFs and Bitcoin futures ETFs?
• How do custody solutions work for institutional Bitcoin holdings?
• What are the implications for self-custody versus institutional custody?