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Bitcoin ETF Approval Marks Conclusion of a Decade-Long Journey

Posted on AllSides January 11th, 2024
From The Center

It’s been over ten and a half years since the Winklevoss twins first filed for a bitcoin (BTC) exchange-traded fund (ETF) in July 2013. This filing, in its first year of operation, was ultimately unsuccessful – – but serves as an interesting time capsule to look at how the industry has changed and matured since then. At the time, bitcoin’s market cap had just surpassed $1 billion dollars (now it is closer to $900 billion), and the crypto was trading for around $87. Cameron Winklevoss’ was as controversial as it...

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