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

⚫ GBTC voluntarily became the first SEC Exchange Rule Reporting Company for US Crypto Investment Instruments in 2020.

⚫ In 2021, Grayscale partnered with the New York Giants to become the NFL's first cryptocurrency sponsor.

⚫ In 2023, Grayscale won an appeal against the US SEC regarding the spot bitcoin ETF.

⚫ In 2024, the Bitcoin Spot ETF will be approved by the US SEC

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