Well, have you read NY Times and other articles. Wall Street parent company is expected to establish their own Bitcoin trading and hold platform. Probably because they don't want to depend on Wickelvoss twin's gemini or Coinbase. They know an Bitcoin ETF, will be an open wallet with billions of dollars raining down on them. So Wall Street is setting up their own exchange for their clients to go to, so they can have their billioins. Look nobody is going to get the big bucks from bitcoins unless Wall Street gets it first. So until Wall Street is ready with their wallets open to receive , uhm I mean trading platform for their clients, ETF is going to wait. It will happen no doubt about it, if there are billions to be made on their exchange market, Wall Street is the first once to make it