Fuck Grayscale and the horse it rode in on.
Get your own BTC, hold your own keys and fuck these leaching morons.
Yeah, that's the right thing to do, I never trust the ETF thing and would never ever want those but the newbies who don't understand that how Bitcoin works and how to make their own personal wallets.
Ah, those people also get scared when they hear stories that how some centralized exchanges can get hacked. Those guys will trust GrayScale and other ETF providers. Who will tell them that by holding ETF they aren't holding Bitcoin themselves? I guess no one.
While ETFs attract to institutional investors, they do not bode well for ordinary investors. If the regulatory body manipulates the market through various regulations, there will be nothing to do for the common investors. Various types of custodial and regulatory barriers can be created in the ETF market. When looking at the overall impact of ETFs, There are both advantages and disadvantages. I think Investors should not rely on Bitcoin ETFs but focus on the natural process of Bitcoin. Bitcoin holders are the true investors of Bitcoin.
I fell the market has worsened due to ETFs. Although the price has increased slightly. But we would certainly have been able to see better regarding the upcoming Halving. ETF users are fiat lovers. It is not possible to estimate the value of Bitcoin by them.