Should say: paying a few first-entrant pioneers management fees so you can easily buy and hold exposure to bitcoin via a regulated publicly traded fund like BIT

Should say: paying a few first-entrant pioneers management fees so you can easily buy and hold exposure to bitcoin via a regulated publicly traded fund like BIT, is more expensive than doing the same with more established gold funds on more established exchanges, and even more expensive by using a retail solution for individuals. Just keeping bitcoins safe is no more expensive than gold. I've literally thrown some dice to generate a private key, sent coins to it, and all you need to do is make sure nobody else sees the key. Costs nothing. I won't go into details there, there's a million options, and they're not much different from say putting gold in a secure vault.