It’s been one year since US Bitcoin exchange-traded funds (ETFs) hit Wall Street. They cannonballed in and broke records that are impossible to ignore. In twelve months, these babies have pulled in 1.

One year ago today, Gary Gensler and the Securities and Exchange Commission (SEC) finally capitulated and approved the trading of spot bitcoin exchange traded funds (ETF) to go live the next day. These ETFs would go on to be the best performing ETFs in history, with BlackRock’s ETF $IBIT leading the charge, taking in over $52 billion inflows alone.

A new wave of exchange-traded funds holding bitcoin attracted about $37 billion of total net flows in their first year of trading, fueling a monster rally in the cryptocurrency along the way. Regulato

Bitcoin ETFs have acquired 5.74% of BTC’s circulating supply since Jan. 11, 2024. An estimated 152 major international entities (governments, companies, etc.) own a 14.04%