In 2024, Crypto ETFs, particularly spotlighting Bitcoin products, surged in popularity following the U.S. SEC’s approval, attracting significant traditional finance investment. Among the leaders, Grayscale Bitcoin Trust ETF (GBTC) set a precedent by transitioning from a trust to an ETF, amassing $19 billion in AUM. Notably, Bitwise Bitcoin ETF (BITB) distinguished itself as the first to publicly disclose its wallet address, boasting an AUM of 33,977 BTC. These developments mark a pivotal shift, broadening investor participation in the crypto market without direct asset exposure, potentially setting the stage for future financial innovations.
[Bitwise](https://bitbetf.com/)