Indian bitcoin ban turns out to be FUD. 2nd most populated country in the world back in play.
Bitcoin exchanges currently holding only about 2.4 million btc in supply, while bitcoin holders are increasing at a rate of about a million new each month.
Every billion you hear invested takes another 20,000 or so off the market. Every dollar invested in etfs will need to be backed with btc. The biggest difference between the etf and the trusts is that the etfs will be redeemable, which will drive up volume.