Low transparency tends to lead to high transaction costs, low liquidity, and high volatility in a market -- which is pretty much what's going on with BTC right

Low transparency tends to lead to high transaction costs, low liquidity, and high volatility in a market -- which is pretty much what's going on with BTC right now. There's also very limited commercial exchange volume, from what anyone can tell, further hindering liquidity. Seems like it'd be pretty hard to earn a decent return from this ETF. I'll be watching this one from the sidelines. Definitely not participating.