Will a bitcoin exchange-traded fund mask the risks of buying cryptocurrency?
Could you elaborate on whether a Bitcoin exchange-traded fund (ETF) truly mitigates the risks associated with investing in cryptocurrency? While ETFs are often viewed as a more accessible and regulated way to invest in assets, are they truly a safer alternative to directly purchasing cryptocurrency, considering the inherent volatility and uncertainty of this emerging market? Additionally, what other factors should potential investors consider when weighing the pros and cons of investing in a bitcoin ETF versus direct ownership of cryptocurrency?