ChainLinkGod.eth recently shared their thoughts, on media regarding the limitations of a spot BTC ETF compared to self custodied BTC. They mentioned that a spot BTC ETF may not possess the attributes, such as censorship resistance, permissionlessness and freedom from counterparty risk.
However they also highlighted that if the objective is to gain exposure to a sovereign currency with a predictable monetary policy in a secure, straightforward and cost effective manner while diversifying assets then ETFs are an excellent choice.
ETFs allow retail investors who were previously unable to invest in BTC to participate. This includes pension funds, mutual funds, endowment funds, insurance companies, IRA retirement accounts and more.
Considering the return performance of BTC and its growing acceptance among advisors it seems natural for portfolios to allocate around 1 3%, towards a spot BTC ETF. The significant amount of investment flowing into financial instruments cannot be underestimated.
