Claudia Hart

Jun 27, 2024 | outland.art | Claudia Hart |Brian Droitcour

Commentary by Claudia Hart June 28, 2024 On January 10, 2024, the US securities regulator approved the first US-listed exchange traded funds (ETFs) to track bitcoin. The next day, 4.6 billion USD worth of ETFs were exchanged—a watershed moment for the cryptocurrency industry. I viewed these enactments as a kind of ritual performance, endowing Bitcoin with the aura already inherited by the US dollar when the gold standard was broken in 1971.