“Investors do not own physical BTC, and rely on the ETF manager’s ability to effectively carry out the management strategy, which includes a number of risks,” the note said. ETF trading hours are also limited to default market hours, as opposed to the 24/7 continuous trading that is available on crypto native exchanges, the note added.
Institutional Investors Likely to Benefit From SEC’s Spot Bitcoin ETF Approval: Goldman Sachs
