##  [# Why It Matters to Be First with Spot Bitcoin ETF Approval](/sections/podcasts/why-it-matters-be-first-spot-bitcoin-etf-approval) 

 

# Why It Matters to Be First with Spot Bitcoin ETF Approval

 

 

21.co's Ophelia Snyder discusses its application for a spot bitcoin ETF and the current regulatory environment.



 

 

 

 

 [![Exchange](/sites/default/files/styles/author_image_icon/public/2024-09/image-20240904-165312.png?itok=48C1D56E)](/contributors/exchange-traded-fridays) 

[By Exchange Traded Fridays](/contributors/exchange-traded-fridays)

 Jul 14, 2023

 Edited by: Lisa Barr

 

 

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21Shares, along with ARK Invest, are first in line in the latest batch of eight current applications to get the first spot bitcoin ETF approved in the U.S. In the latest episode of Exchange Traded Fridays*,* 21Shares’ Ophelia Snyder talks to [etf.com](https://etf.com)'s Managing Editor Daria Solovieva about the firm’s experience in Europe, and explains why it matters to be the first issuer to offer a spot bitcoin exchange-traded fund.



 

 

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 [ Exchange Traded Fridays ](/contributors/exchange-traded-fridays) 

 

 

  Exchange Traded Fridays is etf.com's flagship podcast about all things ETF! Tune in as etf.com reporters, analysts, and expert guests break down the…   [View Bio](/contributors/exchange-traded-fridays)

 



 

 


 Related Topics  [Crypto](http://www.etf.com/topics/cryptocurrency) 

 [Bitcoin](http://www.etf.com/topics/bitcoin)