American Entrepreneur and former Blockcap CEO stated the emergence of spot Bitcoin exchange-traded funds (ETFs) presents a groundbreaking investment opportunity for traditional traders in the United States, according to Clark Swanson. On the face bitcoin is just a superior asset to gold, but currently represents under 10% of the value of the gold market.

Swanson argues that spot Bitcoin ETFs, which directly hold Bitcoin, offer distinct advantages over commodity-based ETFs such as gold ETFs. Unlike traditional ETFs, spot Bitcoin ETFs operate on an immutable ledger, providing unparalleled transparency and security. According to Swanson, this transparency is crucial, as it insures investors can verify in real-time that the ETF holds the underlying assets, unlike gold ETFs where such verification is challenging. Gold derivatives also account for a sizable multiple of the actual gold available should any market calls on gold become a reality. Not true for bitcoin ETF's which offer self-auditing, authentication, and real-time visibility, unprecedented in traditional investments. He underscores the revolutionary aspect of Bitcoin’s immutable ledger, which ensures transparency and security.

Swanson argues that spot Bitcoin ETFs, which directly hold Bitcoin, have been a recent beacon for investment from many of the largest asset managers in the world, such as the likes of Blackrock and Fidelity.

Swanson highlights Bitcoin ETFs represent investments similar to those such as physically backed gold ETFs in terms of holding assets, like Sprott Gold or Silver. Sprott notes, "The Sprott Physical Gold Trust (PHYS) was created to invest and hold substantially all of its assets in physical gold bullion." The stated objective is to, "Provide a secure, convenient and exchange-traded investment alternative for investors who want to hold physical gold without the inconvenience that is typical of a direct investment in physical gold bullion."

In essence, Swanson contends that spot Bitcoin ETFs represent a superior investment vehicle compared to traditional commodities-based ETFs, offering unprecedented transparency, security, and accountability facilitated by the Bitcoin network’s immutable ledger.

Unlike gold, where firms like Sprott use services like The Royal Canadian Mint to "facilitate the delivery of bullion bars to almost anywhere in the world via an Armored Transportation Service Carrier – and all physical redemptions are equal to 100% of the net asset value (NAV) per unit", bitcoin can simply be zipped in space and time electronically to anywhere in the world in a matter of seconds with confirmation within minutes or hours. Swanson notes, "the system is not closed at 5 p.m. or on statutory holidays, it's open to everyone with an internet connection 24 hours a day, 365 days per year".