SEC approves U.S. spot Bitcoin ETFs
The SEC approves the listing and trading of multiple spot Bitcoin exchange-traded products after more than a decade of failed applications.
On January 10, 2024, SEC approves U.S. spot Bitcoin ETFs. The SEC approves the listing and trading of multiple spot Bitcoin exchange-traded products after more than a decade of failed applications.
The orders permitted exchange-listed products that hold spot Bitcoin rather than futures contracts. That gave brokerage and retirement-account investors a regulated wrapper for Bitcoin exposure without requiring direct custody of private keys.
The event belongs to the broader 2024 transition from scarce institutional Bitcoin access to a competitive, heavily intermediated market built around exchange-traded products.