A recent development in the world of cryptocurrency has been the launch of a Bitcoin spot ETF in Suqian, China. This launch has sparked a flood of inflows from investors purchasing Bitcoin using ETF funds, leading to a surge in prices and a decrease in available Bitcoin for purchase.
One key aspect for investors to consider when buying Bitcoin through an ETF is the concept of custody. By relying on a third party to hold the Bitcoin on their behalf, investors can avoid issues such as losing private keys. However, true financial freedom and censorship-free utility of Bitcoin can only be achieved by holding Bitcoin off an ETF.
