Yes. That's why these ETFs aren't a huge deal.

When you understand Bitcoin, you buy actual Bitcoin, not an ETF. If you don't understand it, you don't see the value proposition and so won't buy the ETF either.

nostr:nevent1qqsgak6dsgwhw0g72x50hhw2efjqzfpqkk0ayph9sr97errg3t3nx8qpwyqgz

Reply to this note

Please Login to reply.

Discussion

a boomer guy i spent some time orange-pilling proudly announced to me last week that he was gonna buy the etf and not concern himself with the responsibilities of self-custody ...

A lot of people want no self sovereignty responsibility, they just want profit.