Episode January 10, 2024 19 min 50s

Gary Said Yes - Bitcoin Spot ETFs Approved!

From The Crypto Conversation Brave New Coin

In a historic move, the SEC today announced that it has approved eleven Bitcoin Spot ETFs. U.S. investors will now be able to gain exposure to Bitcoin when trading begins tomorrow. Andy marks the historic occasion by recapping the days events and looking forward to what happens next for Bitcoin.

Why you should listen

Finally, after a multi-year effort by the Bitcoin community, all eleven much-anticipated Bitcoin Spot ETFs have been approved by the SEC and will begin trading tomorrow.

Bitcoin's journey has been a strange and wild ride. Exactly 14 years ago today, Hal Finney tweeted that he was "Running bitcoin." In the years afterward, Bitcoin's creator Satoshi Nakamoto disappeared, and Bitcoin began its slow journey from a curious collectible for cypherpunks and cryptographers, to a payment mechanism for the dark web, to a speculative bet, to a means of outpacing inflation, and today, to a full embrace from the traditional financial system.

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