If You Invested $1,000 In Bitcoin When The First Bitcoin ETF Was Filed, Here's How Much You'd Have Today

Benzinga12-17 05:46

The Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024, which was a groundbreaking move at the time. The Bitcoin ETFs continue to see huge inflows months after their launch....

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The Bitcoin ETFs continue to see huge inflows months after their launch....</p>\n\n<a href=\"https://www.benzinga.com/24/12/42519107/if-you-invested-1000-in-bitcoin-when-the-first-bitcoin-etf-was-filed-heres-how-much-youd-have-today\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If You Invested $1,000 In Bitcoin When The First Bitcoin ETF Was Filed, Here's How Much You'd Have Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf You Invested $1,000 In Bitcoin When The First Bitcoin ETF Was Filed, Here's How Much You'd Have Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-17 05:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/24/12/42519107/if-you-invested-1000-in-bitcoin-when-the-first-bitcoin-etf-was-filed-heres-how-much-youd-have-today><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024, which was a groundbreaking move at the time. The Bitcoin ETFs continue to see huge inflows months after their launch....</p>\n\n<a href=\"https://www.benzinga.com/24/12/42519107/if-you-invested-1000-in-bitcoin-when-the-first-bitcoin-etf-was-filed-heres-how-much-youd-have-today\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IBIT","symbol_name":"iShares Bitcoin Trust","start_time":0,"source_url":"https://www.benzinga.com/24/12/42519107/if-you-invested-1000-in-bitcoin-when-the-first-bitcoin-etf-was-filed-heres-how-much-youd-have-today","article_id":"2492626249","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2024/12/16/bitcoin-future-ai.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492626249","pubTimestamp":1734385597,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"The Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024, which was a groundbreaking move at the time. The Bitcoin ETFs continue to see huge inflows months after their launch.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IBIT":"iShares Bitcoin Trust","BTCW":"WisdomTree Bitcoin Fund","FDN":"First Trust Dow Jones Internet I","SSO":"两倍做多标普500ETF","EZBC":"Franklin Bitcoin ETF","BK4534":"瑞士信贷持仓","BK4594":"比特币ETF概念","BK4585":"ETF&股票定投概念","SPXU":"三倍做空标普500ETF","SPY":"标普500ETF","IVV":"标普500指数ETF","ARKB":"ARK 21Shares Bitcoin ETF","BK4559":"巴菲特持仓","SDS":"两倍做空标普500ETF","BK4550":"红杉资本持仓","BK4588":"碎股","FBTC":"Fidelity Wise Origin Bitcoin Fund","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","GBTC":"Grayscale Bitcoin Trust","OEX":"标普100","HODL":"VanEck Bitcoin Trust ETF","BK4581":"高盛持仓","BITO":"ProShares Bitcoin ETF","BK4504":"桥水持仓","BTC":"Grayscale Bitcoin Mini Trust","BRRR":"Valkyrie Bitcoin Fund","VOO":"Vanguard标普500ETF","SH":"标普500反向ETF","DEFI":"Hashdex Bitcoin ETF","UPRO":"三倍做多标普500ETF","BK4601":"加密货币现货ETF","BTCO":"Invesco Galaxy Bitcoin ETF","BITB":"Bitwise Bitcoin ETF"},"translate_title":"如果您在第一只比特币ETF备案时在比特币投资了1,000美元，那么您今天将拥有多少资金","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FBTC":1,"BTC":1,"BRRR":1,"BTCO":1,"BTCW":1,"DEFI":1,"EZBC":1,"FDN":1,"GBTC":1,"HODL":1,"IBIT":1,"BITO":1,"BITB":1,"VOO":0.79,"SPY":0.79,"ARKB":0.69,"IVV":0.6,".SPX":0.6,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"OEF":0.6,"ESmain":0.6},"content_text":"The Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024, which was a groundbreaking move at the time. The Bitcoin ETFs continue to see huge inflows months after their launch.\nHere's a look back at the multi-year battle to get Bitcoin ETFs approved and how much investors could have made buying Bitcoin BTC/USD when the first ETF was filed.\nWhat Happened: Investors celebrated the approval of Bitcoin ETFs earlier this year, with the SEC approving the first applications for many ETFs.\nThe approval opened the door for more investors, including institutional investors and retirement accounts, to get exposure to the leading cryptocurrency through the launched ETFs.\nMonths after launch, Bitcoin ETFs are seeing strong inflows, which could be thanks in part to new optimism for the cryptocurrency sector after the 2024 election. Bitcoin hit new all-time highs after the 2024 election and recently surpassed the $100,000 milestone for the first time.\nLast week, Bitcoin ETFs saw net inflows of $2.5 billion, bringing the year-to-date total to more than $36 billion.\nHere's a look at the top Bitcoin ETFs today by assets under management, as reported by ETFdb.\n\niShares Bitcoin Trust IBIT: $53.9 billion\nGrayscale Bitcoin Trust GBTC: $21.5 billion\nFidelity Wise Origin Bitcoin Fund FBTC: $21.0 billion\nARK 21Shares Bitcoin ETF ARKB: $4.9 billion\nBitwise Bitcoin ETF BITB: $4.1 billion\nGrayscale Bitcoin Mini Trust BTC: $4.0 billion\nProShares Bitcoin ETF BITO: $2.6 billion\nVolatility Shares Trust 2x Bitcoin Strategy ETF BITX: $2.0 billion\n\nBefore the approved Bitcoin ETFs were filed, or the Grayscale Bitcoin Trust was launched in September 2013, there was an S-1 filed for a Bitcoin ETF with the SEC.\nOn July 1, 2013, Gemini founders Cameron and Tyler Winklevoss filed the Winklevoss Bitcoin Trust as a planned Bitcoin ETF. The Winklevoss twins saw their initial filing and a second attempt rejected in 2018.\nCameron Winklevoss commented on the status of Bitcoin ETFs on the 10-year anniversary of the filing, which happened several months ago, saying: \"The SEC’s refusal to approve these products for a decade has been a complete and utter disaster for U.S. investors and demonstrates how the SEC is a failed regulator.\"\nWinklevoss accused the SEC of helping to push investors into FTX, which eventually went bankrupt and was “one of the largest financial frauds in modern history.”\nThe Gemini co-founder wished luck to all the companies fighting to bring Bitcoin ETFs to market.\nIn January, ahead of the Bitcoin ETFs' approval, Cameron Winklevoss took to Twitter to share the optimism of Bitcoin ETFs.\n“Today is 3,845 days in the making. Happy Bitcoin ETF Approval Day!” Winklevoss tweeted.\nHere’s a look back at investing in Bitcoin when the Winklevoss brothers filed for the first ETF launch.\nRead Also: If You Invested $1,000 In Bitcoin When Peter Schiff Said BTC Would Never Hit $100K, Here’s How Much You’d Have Now\nInvesting $1,000 in BTC: Bitcoin hit all-time highs of nearly $69,000 in November 2021 before breaking out to new highs this year, and has traded above $10,000 for many years. It may be surprising to some that Bitcoin traded below $100 during parts of 2012 and that year marked the first time the leading cryptocurrency hit the $1,000 level.\nOn July 1, 2013, Bitcoin traded for around $90.80. A $1,000 investment in Bitcoin could have purchased 11.0132 BTC at the time.\nBased on a price of $106,478.56 at the time of publication, the $1,000 investment would be worth $1,172,669.68 today. This represents a hypothetical return of over 117,000% over the last 11 years.\nOver the past decade, Bitcoin has delivered stronger returns than leading stocks and has outpaced the overall stock market.\nFor Comparison\n\nA $1,000 investment in the SPDR S&P 500 ETF Trust SPY, which tracks the S&P 500, would be worth $3,736.80 today. This represents a gain of 273.7% over the last 11 years.\nA $1,000 investment in Tesla Inc over the same time period would be worth $58,480.93 today. This represents a hypothetical return of 5,748.1% over the last 11 years.\nA $1,000 investment in Apple Inc over the same time period would be worth $17,035.49 today. This represents a hypothetical return of 1,603.5% over the last 11 years.\n\nWhile Bitcoin may not beat the market and leading stocks by the same amounts over the next decade, there is increased optimism that the new White House administration could continue to send the leading cryptocurrency higher.\nRead Next: \n\nHere’s How Much $100 In Bitcoin Could Be Worth In 2030 If Cathie Wood’s Price Target Is Reached\n\nThis article was previously published by Benzinga and has been updated.\nImage created using artificial intelligence via Midjourney. $BTCBitcoin$106071.731.57%WatchlistOverviewARKBARK 21Shares Bitcoin ETF Common Shares of Beneficial Interests$105.824.20%BITBBitwise Bitcoin ETF Common Shares of Beneficial Interest$57.784.29%BITOProShares Bitcoin ETF$27.234.37%BITXVolatility Shares Trust 2x Bitcoin Strategy ETF$69.508.53%BTCGrayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest$46.944.06%FBTCFidelity Wise Origin Bitcoin Fund Common Shares of Beneficial Interest$92.654.17%GBTCGrayscale Bitcoin Trust (BTC) Common Units of fractional undivided beneficial interest$84.074.09%IBITiShares Bitcoin Trust$60.294.11%SPYSPDR S&P 500$606.140.32%Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492626249"}