A Bitcoin ETF Will Never Be Your Bitcoin

Second, I believe that Bitcoin ETFs will serve as a gateway to the promised land of self-management in cryptocurrencies, much like centralized exchanges have done in the past few years. A virtuous cycle could actually unfold, with millions of people gaining ETF exposure to Bitcoin, learning the benefits of digital ownership, and ultimately choosing true self-sovereignty. Interestingly, the approval of the first gold ETF since 2004 has not hindered private ownership of gold. Instead, it became popular.