Twenty-One Capital CEO emphasizes that traditional investors may find greater value in acquiring stakes in Bitcoin-holding companies rather than investing directly in Bitcoin ETFs. This approach offers enhanced exposure to the cryptocurrency market while potentially mitigating some of the risks associated with direct asset ownership. By investing in firms with substantial Bitcoin reserves, investors can benefit from corporate governance and operational expertise, which ETFs may lack. Furthermore, these companies often provide additional revenue streams and strategic initiatives that contribute to long-term value creation. As regulatory frameworks around cryptocurrency evolve, the CEO suggests that institutional investors should carefully evaluate the structural advantages of equity investments in Bitcoin-centric enterprises over passive ETF holdings. This perspective aligns with a growing trend of integrating digital assets into diversified portfolios through more traditional financial instruments, aiming to balance innovation with risk management.