The recent approval of spot Bitcoin exchange-traded funds (ETFs) in the US has had a positive effect on the value of Bitcoin.
I disagree.
In a world where a lot of things happen every day, approving ETF that happened last month in January is considered
ancient news not "recent" anymore.
This means any effect it could have had on price, has already happened 2 months ago (February is already over too!).
The launch of spot Bitcoin ETFs provides an easier way for mainstream investors to gain exposure to Bitcoin.
I disagree with this too.
Because unlike other stuff that have an ETF, it is not hard at all to buy, trade and own bitcoin. Take gold for example. It is difficult to purchase large amounts of gold (it is physical) it is extremely difficult to trade it (physically) and store it safely. This is not true about bitcoin. All you need is a digital wallet (or even a hardware wallet).
So ETF is NOT an "easier way" to gain exposure to Bitcoin, it is a terrible way that can only be useful for those who don't want to leave the centralized world and instead of buying bitcoin they want to buy a garbage that is promised to be linked to bitcoin!