Spot Bitcoin ETFs aren’t designed for hardcore Bitcoiners – they’re built for traditional investors who value simplicity, compliance, and familiar structures. Not everyone wants the responsibility (or stress) of managing private keys, and that’s okay. The ETF model gives them price exposure without the tech hurdles, and for some, that’s all they care about.
ETFs are not designed for anyone who truly values their coin. They are created mostly for those who are already too big to be worried about it.
Do you think spot Bitcoin ETFs are a problem for Bitcoin or anyone interested in investing in Bitcoin?
As a significant investor of a spot Bitcoin ETF with the current price equivalent to over 3
BTC I had no intention of ever buying Bitcoin with direct ownership and using it for what it was originally created for. I couldn't care less about using Bitcoin for cross-border payments, or its decentralized, borderless design...
I would just double down on what Ambatman said: it's not a problem, rather, it's just another option, but without having real access to your coins.