With all the hassle it seems to be to get an ETF approved, do you think financial institution would go through the hassle of giving their share holders their owned value of the second chain? How would that work exactly? And most importantly, doesn't that mean that the more ETFs gain traction, the more the original chain would keep its value over the other one? Since tradfi got in the game, it kinda gives an unfair advantage to pre-fork bitcoin chain.
I think it depends on what path the institution want to go down on.
These institutions only care about what would be both convenient and beneficial to them. Yes they could distribute the equal amount of coins in the second chain to their customers but I don’t think they would be as you said go through all that hassle. They would just be making their heads hurt with all the additional regulatory requirements attached to it if ever.
Edit: It’s funny. I also posted this on reddit and it got removed by a moderator. Probably because I mentioned ordinals, which wasn’t even the subject of the post? Really goes to show they do not encourage discussion over there.
Well reddit was made for all kinds of community and general discussion but this forum is primarily made for bitcoin and cryptocurrencies so you should expect that you can onky get this kind of valuable discussion here.