I should point out to some people who are getting excited about this but, ETF's should purely be used for speculation and not actual investment, if you want to properly invest in Gold or Bitcoins make sure to just buy the actual thing yourself and either store the Bitcoins on an offline wallet or the precious metals at home.
You NEVER own the stuff traded on the commodities exchanges and ETFs etc.
i agree with you but the mainstream investor AND the big money dont want to hold their BTC. an etf is the right thing for them.
(me and you can hold their BTC
![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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