Bitcoin Spot ETF Approval (January 2024)

The SEC's approval of 11 spot Bitcoin ETFs on January 10, 2024 — including BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund — was the most consequential regulatory moment in crypto history, outperforming #2's impact in both speed and scale. Within 30 days these ETFs accumulated $10 billion in assets, a pace 50% faster than the average ETF category launch; within a year total spot Bitcoin ETF AUM exceeded $100 billion, up 90% from initial projections.