There’s one massively bullish aspect of the Bitcoin ETF that most people overlook: it solves unit bias. An ETF share can be priced at any arbitrary level IBIT at ~$50, for example. For retail investors, owning multiple shares feels better than owning 0.0005 BTC. Psychology matters.

There’s one massively bullish aspect of the Bitcoin ETF that most people overlook: it solves unit bias.

An ETF share can be priced at any arbitrary level IBIT at ~$50, for example.

For retail investors, owning multiple shares feels better than owning 0.0005 BTC. Psychology matters.