Do you see ETFs as a stepping stone toward self-custody? Have any investors asked for help going the self-custody route?
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262 sats \ 0 replies \ @hong OP 7 Mar
i do. not for everyone but for those who go down the rabbit hole or have a desire to be further self sovereign which fwiw can happen many years down the road after their first dabble into bitcoin via ETFs (or any other route for that matter). it is something investors ask for as well since a in-kind redemption would cause no tax event as well. a few gold ETFs have this feature too so it's possible. the SEC is not comfortable with this yet and this one feels like it might take a while to push them on this topic (but also we're not going anywhere! we worked at the bitcoin ETF application for 6 years with the SEC so we're not going anywhere and we'll continue to push)
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