The decade-long journey to a US spot bitcoin ETF

FILE PHOTO: FILE PHOTO: Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - The U.S. Securities and Exchange Commission (SEC) on Wednesday approved the first U.S. exchange-traded fund (ETF) that tracks the price of bitcoin, in a major victory for the digital asset industry which has been trying for a decade to launch such a product

Here are key events in the journey to approval: