Been watching this new YouTuber called BritishHodl and he explains the ETF from a super bull perspective. But the one concept that I agree that he hammers is the idea of custody. The normal person doesn’t want to custody and worry about theft or loss. So if a “reputable” management firm like blackrock comes this build a ton of confidence in the market. Plus all the government regulations make it easy for people to borrow against it. I think it’s ridiculous that unchained charges 12% APR on bitcoin collateralized loans while blackrock with this etf can instantly offer Margin on the ETF

Britshhodl does a great job explaining this.