I am not so concerned about BTC spot etf approval in the U.S., i have read from so many members in this forum that an approval is a matter of when and not if, but even if all applications get denied; i wouldn't be disappointed. I talk a lot about not your keys, not your coins, so maybe that is why i am not fully interested in spot etf's.

If institutional investors want to buy through etf's and do not want to store the keys to their coins, so be it, it is a free market and a spot etf approval would give them the opportunity to 'own' BTC. But then again, i wouldn't keep on talking about BTC spot etf's like the network depends on it, and that's what many members have been doing here lately.