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2024Spot ETFs and the fourth halving

US-listed spot Bitcoin ETFs finally launched, Bitcoin set a new record before the halving, and after the US election it crossed $100,000 for the first time.

Year-end price (approx.)

~$93,400

Block reward

6.25 → 3.125 BTC

Fourth halving

Apr 19–20, 2024

What happened

1. Jan 10–11

   The SEC approves spot Bitcoin ETFs from multiple issuers, and they begin trading the next day.

2. Mar 13

   Bitcoin sets a new all-time high of about $73,000, the first record to come before a halving rather than after one.

3. Apr 19–20

   The fourth halving at block 840,000 cuts the reward from 6.25 BTC to 3.125 BTC. The Runes protocol launches at the same block.

4. Jul

   Mt. Gox starts distributing coins to creditors, a decade after its collapse.

5. Nov 5

   Following the US presidential election, Bitcoin rallies on expectations of a more crypto-friendly policy environment.

6. Dec 5

   Bitcoin trades above $100,000 for the first time.

Why it mattered

ETFs made Bitcoin accessible inside ordinary brokerage accounts and brought large asset managers permanently into the market.

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