They also kick back some of the fees to developer funding, no?

denlillaapan

Bitwise also donates some of their ETF profits to Bitcoin open-source developers.  Which is another huge thing for me, which I forgot to mention in my post above.  

Awesome - this is what I was looking for. Thank you

satgoob

The two most important things to look for:

I only own these 2 funds for the reasons I listed above.  Fuck any ETF that custody's with Coinbase.

And it's about time Bitcoiners DEMAND proof-of-reserves.  It seems like an afterthought to people these days.

bitcoin

What bitcoin ETFs are best?

The two most important things to look for:

1.  Does the ETF offer proof-of-reserves in a trustless manner?  In other words, do they publish their public addresses so that anyone running a node can verify they have the funds they say they have?  I think only the Bitwise ETF does this, which is why I buy it.

2.  Do they custody their own funds, or outsource to the scammers at Coinbase?  BlockFi was a decent company on its own.  They collapsed because they trusted another company to custody all their assets, and that other company went under (3-Arrows and others, via FTX).  Fidelity does self custody of their own Bitcoin, which is why I buy it.  

I only own these 2 funds for the reasons I listed above.  Fuck any ETF that custody's with Coinbase. 

And it's about time Bitcoiners DEMAND proof-of-reserves.  It seems like an afterthought to people these days. 