What does good mean?<p>it's futures based and I've seen roll costs estimated to be about 10%, though this should come down to 3-5%.<p>So that's bad...<p>It does have a "Canadian ETF" clause, meaning it can hold the Canadian ETF's to help reduce the reliance on futures, by holding existing Canadian Bitcoin ETF's that already hold spot BTC.<p>So that's good.<p>It has a management fee/expense ratio of 0.95% which is bad.<p>But it means anyone with access to the US markets can now safely get btc exposure, which is good.<p>It was the fastest ETF to $1B in assets( GLD the gold etf was the previous holder) so it's getting more attention than the old school store of value.<p>So that's good.<p>But sooner or later a spot bitcoin ETF will come out that holds BTC, which will make people run from this ETF, which is bad.<p>So you really need to clarify what you mean by "any good".