HOW MUCH OF A PREMIUM OVER SPOT BITCOIN WILL EXCHANGE TRADED FUNDS (ETF) CARRY ?

THE PREMIUM WILL HAPPEN BECAUSE BITCOIN IS UNDER OWNED AND A TSUNAMI OF APPETITE IS BUILDING..TRADERS AND INVESTORS WANT STOCK-LIKE VEHICLES...THEY REALLY DON'T WANT TO TRADE FUTURES...PARTICULARLY WHEN THE FUTURES ARE STUCK IN REAL TIME VALUE THAT MISS OUT ON FANTASY PRICING !!!