... wouldn't there be more benefit purely for ease of transactions if a public company would have all of its assets in Bitcoin, and issue shares against it?
Well done, you just described an exchange traded fund...
True, but which does not exist anywhere as of now and does not exist as legal structure and asset class in many of developing countries
While stocks and bonds remain primary financial assets, at least where I live. And I don't intend on changing that due to fancy asset class.
But thank You for pointing that out.
Further, US ETFs are not accessible world wide, while they may be an ideal way of trading and I don't see how (except from regulation which is country-specific) changes the fact if share You trade is stock of a company or ETF, if underlying is the same, and other terms are similar.
If you don't have exclusive access to the key, you don't own it.
This gets mentioned often, but I think it misses the point.
How is this different for general public and status quo than holding anything other than keys of Your real estate? Its always a claim, while key is held by Your broker/banker/etc.
Technically, if bank would say I dunno You, You wouldnt have access to anything. And I understand that is whole point of BitCoin but this ETF is trying to do exactly opposite, get people to invest in new asset class, just because it provides returns. Rather than because it provides You with decentralised, crypto, pseudo-privacy protocol.
These people do not intend to buy something with a share of ETF, and if and when they sell it, it will be for dollars. So they never touch BitCoins anyways.
if I am getting it right?