Key Milestones in Bitcoin ETF Approvals

The journey to widespread Bitcoin ETF availability has involved significant regulatory hurdles and landmark approvals in major financial markets.

The top 3

  1. First US Bitcoin Futures ETF Approval: The ProShares Bitcoin Strategy ETF (BITO) was the first Bitcoin futures ETF approved by the SEC in the US, launching in October 2021. ProShares
  2. First US Spot Bitcoin ETFs Approved: On January 10, 2024, the SEC approved 11 US-listed spot Bitcoin ETFs, including offerings from BlackRock and Fidelity, marking a significant shift in crypto investment access.
  3. First Global Spot Bitcoin ETF: Canada led the world by approving the Purpose Bitcoin ETF in February 2021, making it the first spot Bitcoin ETF globally. Purpose Investments

Sources

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