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I feel that you don't understand what JJG is saying above. This thread is about individual investors buying and hodli bitcoin for their future as the keep their buying purchases ongoing overtime.
You are here talking about Bitcoin ETFs who came into the game to make quick profits by trading or don't you know that they are the highest traders in history and this thread does not support trading but long-term investment and holdi.
ETFs are already big institutions who are buying and selling bitcoin every day and that shouldn't be a lifestyle to imitate. If you have not started your bitcoin investment, I expect you to learn a lot from this thread and make a proper plan to start your bitcoin investment whenever your discretionary income is available and build your bitcoin portfolio for the future through DCA regular weekly purchases for 4-10 years and above.
If you don't invest early, and choose to be waiting, you will regret your actions in future. ETFs are already rich and making more, so you need to eat your own bitcoin cake by investing and hodli for the future. If you are buying from ETF remember that you are only buying the value of bitcoin and not real bitcoin that should be in your noncustodial wallet.
I agree that ETFs (Exchange Traded Funds) are largely not on topic here, yet at the same time, they are not necessarily used for trading (even though they have trading in their name), even though they are easy to get in and out of, so there are some folks who will trade them.. but there are are also a lot of folks who merely invest in them..
Generally speaking ETF fund investors are likely more sticky than some other kinds of BTC investors and not necessarily prone to sell easily, since they are frequently institutions, government and/or folks who have retirement plans.. and yeah they can be other kinds of investors, but yeah they do not hold their own keys when they buy those ETF products.. and yeah, we can talk about these matters in the thread like that BTCETFInvestor linked to.
That's indeed quite a thoughtful way to look at the ETFs, and I believe this has also hit on a nuance that most folks often overlook when discussing about Bitcoin.
I share in your thoughts on the fact that, just because the term "traded" is in ETF doesn't necessarily mean that all the ETF investors are involved in trading. Practically, many ETFs promotes long term investment compared to short term trading. And for so many Bitcoin investors, especially institutions, retirement accounts and pension funds ETFs gives investors a more convenient wrapper which allows exposure to an asset, without the operational friction of custody, regulatory disturbances or self management. And this helps create more of a sticky investor base, compared to most of these retail trader's that might purchase spot Bitcoin directly and be quicker to react to market volatility.
If we also look at it, we'll also notice just how ETFs are capable of changing the profile of Bitcoin holders. Well it's true that since those investors do not really control their own keys, that they don't get the full sovereignty benefits offered by Bitcoin. But on the other hand, ETFs' accessibility opens the door for a class of investors who otherwise might actually never hold Bitcoin at all, whether due to technical barriers, or compliance restrictions or just inertia. In a case like this, ETFs may not only serve as a bridge but also increase the presence of Bitcoin in traditional finance, normalize its role in portfolios and give a sense of validation and legitimacy in the eyes of governments and institutions.