As I was thinking about the whole debate on ordinals and segwit, it had me wonder.

Forks might still happen in the future of Bitcoin. When you own your coins, you're sort of protected financially in the sense that you now own coins on both networks and will still be on the train whether a chain or another keeps traction as the other loses popularity. When you own shares of a Bitcoin ETF, you don't get to choose what path you want to take and if the community decides the new fork is the way to go.. I doubt the financial institution would take the risk of switching networks.

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.

What are your thoughts on this?

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.