Bitcoin against SEC

All 11 ETFs have been approved.
But which one should we buy?
Certainly none!
Buying Bitcoin through ETFs means entrusting Bitcoin to these companies. This also comes with its own costs and risks.
Costs:

1. Expense Ratios: ETFs charge an expense ratio, which represents the percentage of fund assets used to cover operating expenses. This includes management fees, administrative costs, and other expenses. It is important to check and compare expense ratios among different ETFs.
2. Brokerage Commissions: Investors typically pay a brokerage commission when buying or selling ETF shares. Some brokers offer commission-free ETF trading, but it's essential to be aware of any associated costs.
3. Bid-Ask Spread: The difference between the buying (bid) and selling (ask) prices of an ETF is known as the bid-ask spread. Investors may incur costs related to this spread when buying or selling shares.

Risks:

1. Market Risk: ETFs are subject to market fluctuations. If the underlying assets in the ETF experience price volatility, the value of the ETF shares will also fluctuate.
2. Tracking Error: The performance of an ETF may deviate from the performance of its underlying index due to tracking error. This can be caused by factors such as fees, sampling methods, and market conditions.
3. Liquidity Risk: Some ETFs may have lower trading volumes, resulting in wider bid-ask spreads and potential difficulties in buying or selling shares at desired prices.
4. Underlying Asset Risk: The performance of an ETF is directly tied to the performance of its underlying assets. If these assets underperform or face issues, the ETF's value may be negatively impacted.
5. Issuer Risk: The financial health and stability of the ETF issuer can influence the fund. If the issuer encounters financial difficulties, it may impact the fund's operation and the value of its shares.
6. Regulatory Risks: Changes in regulations or tax laws can affect the structure and operation of ETFs, potentially impacting investors.

Before investing in ETFs, it's crucial for investors to carefully review the fund's prospectus, understand its expense structure, and assess the associated risks. Additionally, considering one's investment goals, risk tolerance, and time horizon is essential in making informed investment decisions.
My advice to everyone is:
Buy from exchanges, and store it in your own wallet.