The consensus opinion I see on nostr is to hate on the btc treasuries and the etfs. I like challenging that, if for no other reason than groupthink sucks.

I think that's aiming at the wrong target.

ETFs to me are nothing more than a method to buy btc (wall st hates them because fees are low). If we can get the ability to redeem in kind they are just a better exchange. Etf > coinbase

Btc treasuries I already wrote a book about