Overall am not that so excited with any approved ETF infrastructure for Bitcoin because I am under the impression that an ETF platform would not have any direct effect on the price movement of Bitcoin and can even be a tool that can dampen the whole market...which is what happened with gold. Anyway, the advantage is that we can finally see and say that Bitcoin has come to the mainstream in the investing circle. Let's hope that because of this more and more institutions will be buying and holding BTC into the future.