Could a spot bitcoin ETF broaden access to bitcoin?

Could the introduction of a spot bitcoin ETF truly broaden access to bitcoin for investors? Would it make it easier for retail investors to gain exposure to the volatile cryptocurrency market without having to go through the complexities of setting up a digital wallet or navigating the exchanges? Or would the ETF simply create another layer of abstraction and potentially increase costs for investors? Furthermore, would the ETF be subject to the same regulatory scrutiny as traditional ETFs, ensuring that investors are adequately protected? And lastly, could the introduction of a spot bitcoin ETF potentially stabilize the market, reducing its inherent volatility? These are just a few of the questions that come to mind when considering the potential impact of such a product on the broader cryptocurrency landscape.