11 Jan 2024

U.S. spot ETFs approved

It was a huge first day of trading for the long-awaited spot Bitcoin ETFs in the U.S. Read the quick summary of ETF week in the news section. In Trending Topics, we touch on the toxic Bitcoin NFT debate and Ethereum possibly increasing the block size.
twic jan 12 cover photo large
The spot ETFs are officially approved
On Wednesday, the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETF proposals. The ETFs started trading already the following day (Thursday).On the first day of trading, the 11 spot Bitcoin ETFs passed $4 billion in trading volume, which, according to experts, is the biggest opening day for a single asset in ETF history.
Hacker announced the approval one day early
Share this article