Are spot bitcoin exchange-traded funds inadequate?
Are spot bitcoin exchange-traded funds (ETFs) really the most effective way to invest in bitcoin? Some argue that these ETFs offer limited exposure to the digital currency market and may not fully capture its potential upside. For instance, they often track the price of Bitcoin futures contracts rather than the actual price of bitcoin, which can lead to tracking errors. Additionally, they may not be able to keep up with the volatility of the market, leading to potential losses for investors. So, are spot bitcoin ETFs the best option for those looking to invest in this emerging asset class, or are there better alternatives available?