Worse, the spot ETF is a picture of a car that someone else owns, self custody is owning a super car yourself.
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Spot ETF is an airbus. It's relatively safe and driving where others are heading. You don't have a say.
Self custody is a fighter jet. You decide and take responsibility.
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It's not going where everyone else is going, it will either crash or leave you where you started. You can't exit into Bitcoin, you can only exit into dollars, & you are helping a corrupt institution buy Bitcoin.
It's buying a car for someone else & only getting a picture of it.