Bitcoin ETFs and Comparisons with Gold

This chapter explores the introduction of Bitcoin ETFs and their resemblance to the financialization of gold, evaluating the potential impact on Bitcoin's original philosophy. Discussions include the differences in concentration and distribution between Bitcoin and gold, the concerns of ETFs integrating with the traditional financial system, and the trade-offs between physical Bitcoin ownership and ETFs. Additionally, the chapter covers comparisons between Bitcoin, gold, and other forms of money, emphasizing the importance of sound money properties and exploring the generational wealth potential of Bitcoin.