All factual and likely. Orange pillers like to pretend they are North Koreans or Snowden when they are not. The rest of Americans (particularly old ones i.e the ones with all the wealth) know the likelihood of the US upending property rights is minute. The ETF makes sense for them, specially since they don’t need bitcoin as a medium of exchange. But if they ever do then they can sell shares and buy bitcoin and use it as needed.

They are okay with the tradeoffs, which is what really bothers the orange pillers “how dare they not value the same things I do!” . Acknowledging that fact is not embarrassing and should not be shocking to anyone that goes outside and talks to real people.