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