To my Grandmother, owning "gold/silver etf" is as silly/stupid as owning NFT to me. If I can't understand why would anyone buy NFT, how would she understand non-physical gold/silver etf. Maybe my kids would understand the value of NFT. At the end we are gonna own something we feel valuable to us or others.
I don't own any crypto, but do own gold/silver etf. Almost everyone around me own bitcoin (probably other crypto too). I hope few(or most) would successfully exit with good profit.
Maybe gold/silver was just useless piece of rock before enough people realized/accepted that this shiny rock can be used as medium of exchange or jewelry. Just like now people are slowly accepting bitcoin as digital gold.
At the end I'll never understand value/price of bitcoin or NFT, my Grandmother would never understand "gold/silver etf", and my kids would value bitcoin and NFT.