The article discusses the one-year anniversary of the launch of US spot bitcoin ETFs and reflects on their performance over the past year. The article mentions the various events and milestones that led to the approval of bitcoin ETFs, such as the Winklevoss twins filing for a bitcoin ETF, the SEC blocking Grayscale's GBTC conversion, and BlackRock's proposal. The article reveals that bitcoin ETFs have exceeded expectations, with over $100 billion in assets and $38 billion of net inflows in their first year. Analysts predict that bitcoin ETFs will continue to attract more investment in 2025, with some suggesting they will grow three times the size of gold ETFs. The article also highlights the potential impact of macro factors and regulatory progress on the performance of bitcoin and ETF flows.



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