According to Eric Balchunas, the convenience offered by cryptocurrency ETFs is significant, especially given their ability to mitigate risks such as theft, which is a concern for those holding crypto directly. Balchunas notes the importance of personal choice in managing crypto assets, emphasizing that some prefer the security of ETFs while others value controlling their own keys. This perspective highlights the increasing appeal of ETFs in the crypto market for both institutional and retail investors. Source: Eric Balchunas on Twitter.