Australia finally gets it's own Bitcoin spot ETF tomorrow. Happy to see that it has a significant differentiator to the foreign ETFs in that it has in-kind redemption. That is, you can buy ETF units, and subsequently withdraw the underlying bitcoin into your own custody.

For noob buyers who eventually get curious about why this is THE best performing asset, this means they'll be able to take custody once they've spent some time learning and want that added ownership assurance.

If we've gotta have Bitcoin ETFs, then this is the way it should be done: good luck!