I have a good amount of btc already, but just holding it in my cold wallet and exchange makes me nervous somewhat. I see all the benefits of the upcoming ETF such a being able to hold in tax advantaged accounts or not having to get hacked/lose btc. Because of this, I'm leaning towards directing most of my btc spending on the ETF.
- Are there any disadvantages to buying the ETF over BTC?
- Does the price of the ETF directly correlate with the price of BTC?
- anything else I should be considering?
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