Bitcoin ETFs’ First Year Delivers Massive Returns As 2025 Brings Questions

As Bitcoin (CRYPTO: BTC) ETFs approach their first anniversary of trading on U.S. exchanges, the journey so far has been as volatile as the crypto market itself.

From their explosive debut in January 2024 to recent market fluctuations, these funds have kept investors guessing.

Bitcoin ETFs’ Turbocharged Debut

The Grayscale Bitcoin Trust (NYSE:GBTC) and iShares Bitcoin Trust (NYSE:IBIT) were among the first Bitcoin ETFs to hit U.S. exchanges on Jan. 11, 2024. On their inaugural day, tens of millions of shares changed hands, with combined trading volumes soaring into the billions.

Despite the buzz, the funds showcased Bitcoin’s infamous volatility. GBTC closed up a modest 0.5%, while IBIT fell over 4% after an early rally on debut day.

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A Year Later: Mixed Signals

Fast forward to today, and both ETFs …

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