My opinion is that, if they get it through the system and get it listed it will be an enormous flop.
Care to explain why?
Tooooooo risky. Did you read the prospectus? If I was risking client money, I think I would risk their money on Somali oil reserves before this ETF.
Meh, no riskier than plenty of other options out there, that are already doing $millions in trades every day. Institutions will buy what their clients want. If they want a high risk/reward investment option, COIN is likely to be on that list.
Fact is stranger than fiction, but I think this one is too risky (and small) for institutional investors. I'm going to have to see it to believe it. I'm not sure that it will even be approved.