July 17, 2018
An ETF for Bitcoin would provide investment and trading opportunities for buyers who would like to invest into Bitcoin but doesn't want to deal with buying and storing same cryptocurrency in a cold wallet or an exchange with the risk of being hacked. It might also be a little complicated and losing your private keys would be crazy if you have invested millions.
Also for more traditional, wary investors a Bitcoin ETF would be an ideal solution as the entity offering the ETF, not the ETF investor, is responsible for the ownership and security of the underlying cryptocurrency.