Second, I consider that Bitcoin ETFs are certain to function gateways to crypto’s promised land of self-custody, simply as centralized exchanges did over the previous years. A virtuous cycle may truly unfold the place hundreds of thousands of individuals get ETF publicity to Bitcoin, study the advantages of digital possession, and finally go for true self-sovereignty. Curiously, from 2004, the approval of the primary gold ETFs did not hinder gold’s non-public possession both; as a substitute, it popularized it.
