+1
"If you don't hold it, you don't own it" as the old saying goes. Holding BTC for an ETF is the complete antithesis of what BTC stands for, but they will
still make a bundle out of the fools who don't understand that.

It will only be a short hop from listing to naked shorting and the same situation we have with precious metals today, where most people who think they own gold/silver in futures contracts would never be able to get it delivered.