On January 10, 2024, GBTC became the first spot bitcoin ETF to move from private sales to offering share creation and exchange. Here's a brief timeline of the company's evolution:
GBTC became the first publicly traded bitcoin fund in the United States in 2015
â« GBTC voluntarily became the first SEC Exchange Rule Reporting Company for US Crypto Investment Instruments in 2020.
â« In 2021, Grayscale partnered with the New York Giants to become the NFL's first cryptocurrency sponsor.
â« In 2023, Grayscale won an appeal against the US SEC regarding the spot bitcoin ETF.
â« In 2024, the Bitcoin Spot ETF will be approved by the US SEC
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