Will approval of a #Bitcoin ETF hasten adoption because more people will get price exposure? Or slow adoption because people will be less likely to hold their own keys? #Asknostr
Unlikely. Gold etf didn’t mean more people bought bullion.
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Does that mean slower adoption, more rapid adoption, or no effect on adoption rate?
Depends how you measure adoption I guess. The more ppl buy through an etf the fewer that buy and cold store then the fewer onchain wallets.
