Its a totally different market though if you aren't buying actual bitcoin. People can play around with derivatives all they want, there's nothing wrong with th

Its a totally different market though if you aren't buying actual bitcoin. People can play around with derivatives all they want, there's nothing wrong with that. But to even call these a bitcoin ETF is disingenuous at best. All this is is a new fiat money with a "bitcoin" sticker slapped in the box.