[justinireland]

Doesnt the ETF also open the door to institutional funds that are normally restricted to specific assets? Seems to me that is the biggest advantage of a bitcoin ETF as it will open the gates to more capital for bitcoin investments.

[jcliff]

This is exactly my thought as well. Not just for institutional money either. This makes it dramatically easier and simpler for retail investors (in both taxable and tax advantaged accounts) to get some exposure to BTC.