VanEck advisor Gabor Gurbacs has highlighted the "unit bias" psychology, which makes investors feel more satisfied when owning an entire asset rather than just a fraction, particularly with #BTC .
He suggests that Bitcoin exchange-traded funds (#etf s) are a solution to this challenge. The price of one whole Bitcoin can deter potential investors who are hesitant to buy only a fraction, and ETFs can allow fractional ownership, thus overcoming this barrier. Gurbacs argues that biases represent one of the most valuable tools for understanding markets and that ETFs can solve the "unit bias" problem for #Bitcoin , making exposure more accessible and affordable.
In 2024, just 39% of U.S. financial advisors expected the approval of a Bitcoin ETF, according to a poll by Bitwise with answers from 437 advisors as per #CoinClub research.
VanEck's proposal for Bitcoin ETFs aims to address the psychological barrier of "unit bias" and make #cryptocurrency Bitcoin investment more accessible to a wider range of investors.
