Mutual Fund Minute
A Milestone for the SEC and Bitcoin Investors
February 5, 2024
A divided U.S. Securities and Exchange Commission cautiously heralded a new crypto era, on January 10, 2024, when it approved by a 3 to 2 vote multiple exchange-traded products that invest directly in bitcoin for listing and trading. To get to this point, the Commission followed a long and rocky road. While the Commission’s approval was a cause for celebration in crypto world, and, of course, with bitcoin funds in waiting, it also left many people wondering why this took so long, while others said that the SEC’s approval could sacrifice investor protection.
In this episode of the Mutual Fund Minute, host and Sidley partner Jay Baris discusses the process that led up to this milestone and what it means for investors.
Contacts
Related Resources
Capabilities
Suggested News & Insights
Private Funds & Asset Management: Developments & OpportunitiesThursday, March 12, 2026Annie Wallis and Michael Sabin to Speak at IBA 24th Annual International Conference on Private Investment FundsMonday, March 9, 2026U.S. SEC Proposes to Scale Back 2024 Form N-PORT Amendments While Leaving Substantive Names Rule Requirements IntactMarch 9, 2026Northern California Compliance Officer RoundtableWednesday, March 4, 2026Sidley Named Best Legal Advisor at the Asset Management Awards 2026March 4, 2026Sidley Represents Altair Industries in Strategic Partnership With Taproot CapitalMarch 2, 2026
- Stay Up To DateSubscribe to Sidley Publications
- Follow Sidley on Social MediaSocial Media Directory