![Bitcoin vs Silver Market Cap](https://dascrypto.in/wp-content/uploads/2024/03/Bitcoin-vs-Silver-Market-Cap-768x480.webp)
As of March 4, 2024, Bitcoin is close to eclipsing the global silver market cap, needing only a 6% price increase to surpass $1.314 trillion.
![SEC's Decision on Bitcoin ETFs](https://dascrypto.in/wp-content/uploads/2023/09/SECs-Decision-on-Bitcoin-ETFs-768x480.webp)
On 10 Jan 2024, the SEC finally approved spot Bitcoin ETFs. Chairman Gary Gensler said that the commission found it best to approve the ETFs after the Grayscale court decision.
![SEC's Decision on Bitcoin ETFs](https://dascrypto.in/wp-content/uploads/2023/09/SECs-Decision-on-Bitcoin-ETFs-768x480.webp)
After SEC Delayed spot Bitcoin ETF applications of BlackRock, Invesco, WisdomTree and all other applicants, there was selling pressure witnessed in the market.
![Spot Bitcoin ETF](https://dascrypto.in/wp-content/uploads/2023/06/ETF-2-768x480.webp)
The Grayscale has won a case against SEC where it alleged wrongful rejection of its spot Bitcoin ETF.
![Will Bitcoin ETFs Succeed](https://dascrypto.in/wp-content/uploads/2023/08/ETF-4-768x480.webp)
On the first day of Jacobi Bitcoin ETF debut, just 113 trading volume was recorded. US SEC has also delayed Bitcoin ETF by ArkInvest.
![SEC Postponed Spot Bitcoin ETF Approval](https://dascrypto.in/wp-content/uploads/2023/08/SEC-Postponed-Spot-Bitcoin-ETF-Approval-768x480.webp)
On August 11, 2023, the SEC issued a response to ArkInvest's filing which said that decision on ArkInvest Bitcoin ETF was delayed to 2024.
![Jacobi Bitcoin ETF](https://dascrypto.in/wp-content/uploads/2023/07/JacobiBitcoinETF-768x480.webp)
Jacobi Asset Management had got approval for its spot Bitcoin ETF in October 2021 from Guernsey Financial Securities Commission.
![Global X Spot Bitcoin ETF](https://dascrypto.in/wp-content/uploads/2023/08/Global-X-Spot-Bitcoin-ETF-768x480.webp)
Global X has become the 9th spot Bitcoin ETF applicant in the USA. It refiled the application on Fri, Aug 04, 2023.
![WisdomTree Bitcoin ETF](https://dascrypto.in/wp-content/uploads/2023/07/WisdomTreeBitcoinETF-768x480.webp)
WisdomTree has filed with the US SEC to seek approval for its Bitcoin ETF on June 20, 2023.
![Purpose Investment Bitcoin ETF](https://dascrypto.in/wp-content/uploads/2023/07/PurposeInvestmentBitcoinETF-768x480.webp)
Details about Purpose Investment's Spot Bitcoin ETF which got approved in February 2021 in Canada.