So it’s only going to be found in one type of retirement plan ATM and that’s IRAs. Which of course your company has nothing to do with (there are odd outliers that are very rare). But there’s going to be a heck of a lot of people who will buy these BTC ETFs in them. I’ve probably helped explain how to properly store btc to clients maybe 100 times in the past 3-4 years, and never do they go out and buy a hardware wallet and follow proper direction. They just leave the coins in their CONbase accounts, Binance etc, So it goes to show these ETFs inside IRAs should be very popular for ease of purchase/storage and as you mentioned..tax advantages.
Yup this. IRAs is where people can now invest in Bitcoin for retirement. And by later this decade there will likely be millions of people doing this. Other retirement accounts are 'managed' and they only give you certain things to invest in. I only had a 401k to invest in for a few months but I could only choose from maybe a couple dozen things to invest in, so yeah BTC ETFs are not going to be in any of those until Bitcoin is WIDELY considered a digital gold, hard money, store of value, so maybe in like 20 years realistically. As long as the 4 year market cycle exists and there are big bitcoin crashes there is zero chance any managed retirement fund is going to let people buy BTC ETFs.
But yeah like you said, and it'll probably take a while, but there are eventually going to be a heck of a lot of people getting into Bitcoin through this. Eventually there's gonna be numerous millions of Americans putting ya know like $50 per paycheck into Bitcoin ETFs for decades through their IRAs. If let's say in ten years there's 10 million Americans putting $50 per paycheck into BTC ETFs through their IRAs, that's $13 billion a year. That's a sizable amount of money that would be flowing in. And of course that's just one segment of the market that will be buying these ETFs.
