Sam Bankman-Fried
FTX founder Sam Bankman-Fried.
  • Bitcoin's price has doubled since FTX collapsed a year ago.
  • It's outperforming both the S&P 500 and the "Magnificent 7" Big Tech stocks in 2023.
  • Hopes that US regulators will soon approve a spot bitcoin ETF have powered the cryptocurrency to stellar gains.

FTX filed for bankruptcy on November 11, 2022.

Just under a year later, bitcoin isn't dead – it's thriving.