How the Bitcoin ETFs Have Affected Bitcoin Companies
Two years after the historic spot Bitcoin ETF approvals, we no longer have to speculate on their impact. While the ETFs have brought unparalleled institutional validation and price appreciation, they have also created a massive market of "captured" paper Bitcoin. This article breaks down why the ETF era is a net win for public Bitcoin companies, but a potential trap for individual savers who forget the power of self-custody.
