The pro of a BTC ETF is it can be held in registered accounts, thus the profits are tax free.
The con is you don't actually own the coins - you own shares in the ETF which owns the coins.
So another way of putting the question is, what is more important to you: owning the coin or tax-free profits?
Here in Canada, we have spot ETFs for BTC and for ETH. I have some BTC through the ETF in a registered account, and some actual coin in storage. Up until a few months ago, I was buying BTC (well, buying BTC shares) solely in the ETF, but lately, after the collapse of so many crypto exchanges, I've been putting BTC into storage rather than using the ETF.
Will you use the ETF when it becomes available to you?
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