US Bitcoin ETFs Are Finally Here: How It's Going to Impact the Industry
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May 26
or more than a decade, Bitcoin proponents have fought for its recognition as an investable asset class. After more than eight years since the Winklevosses’ (failed) Bitcoin Exchange-Traded Fund (BTC ETF) application in 2013, the first BTC ETF in the US, ProShares Bitcoin Strategy ETF ($BITO), was finally approved by the US Securities & Exchange Commission (SEC) and listed on the New York Stock Exchange (NYSE) on 19 October 2021. $BITO is significant because it marked the first SEC-approved BT...

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