I have a feeling that the wide availability of Bitcoin ETFs will herald one of the longest and most stable bull markets for Bitcoin that we have seen to date. I've always invested in BTC using a private wallet but with Fidelity's offering I feel fairly safe and confident putting a portion of my 401k into it. I had to check a few boxes that I accept the risk but other than that Fidelity authorized the transaction.
Why the ETF when you are having bitcoin to invest, you stand to loose one great opportunity which is what locks you under centralization while dealing with a centralized organization like Fidelity, don't you think you're signing in to their terms and condition could impose a future danger in you later in future, but with bitcoin, there's no need of going through all these because you're investing on a decentralized digital network with bitcoin.