Thanks, all that clarification is very much appreciated. So in a couple of months there could be a bitcoin ETF, amazing.
Yes just remember it could be a long time before publicly trading, it could be denied by regulators, and it could be rejected by some/all major exchanges. The S-1 is just the first step in a long process but yes eventually you could buy shares in a "Bitcoin ETF" using your Fidelity brokerage account as easy as you would buy shares in GOOG or AAPL. I wonder if the ticker BTC is available?
Delays in SEC filings I'm very aware of, unlike the intricacies of ETF / Trust type filings. In the mean time, hopefully the filing and expected SEC response will give the press something new to focus on...