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There are lots of people who are able to buy the ETF's in their retirement accounts, but wouldn't be able to buy actual bitcoin that way. I certainly have no issues with people doing that.
Beyond that, I would hope the ETF's can serve as an on-ramp that gets people more interested in Bitcoin. Anyone who stops at the ETF, though, is not a tribemate of mine.
Indeed, these ETFs could serve as a scaffolding tool for those who want to test the waters first.
Fortunately or unfortunately, Singapore doesn’t allow us to invest in these spot BTC ETFs. For the world out there to judge if we are a nanny state haha
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It’s really amazing, considering Singapore is by far the freest economy in the world.
So much more is possible.
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