The azetidine moiety is ap rivileged motif in medicinal chemistry and new methods that access them efficiently are highly sought after.T owards this goal, we have found that azabicyclo[1.1.0]butyl carbinols,r eadily obtained from the highly strained azabicyclo[1.1.0]butane (ABB), can undergo divergent strain-release reactions upon N-activation. Treatment with trifluoroacetic anhydride or triflic anhydride triggered as emipinacol rearrangement to give keto 1,3,3substituted azetidines.M ore than 20 examples were explored, enabling us to evaluate selectivity and the migratory aptitude of different groups.A lternatively,t reatment of the same alcohols with benzyl chloroformate in the presence of NaI led to iodohydrin intermediates whichg ave spiroepoxya zetidines upon treatment with base.T he electronic nature of the activating agent dictates whichp athwayoperates.