Opinion: Spot BTC ETF may not have all the same attributes as self-custody BTC

ChainLinkGod.eth has stated on social media that a spot BTC ETF may not have all the same properties as self-custodied BTC, such as censorship resistance, permissionlessness, or no counterparty risk. However, if the goal is to gain exposure to non-sovereign currency in a secure, simple, and cost-effective way through predictable monetary policy, then ETFs are an ideal choice for many. ETFs unlock institutional and retail capital that previously could not directly invest in BTC; pension funds, mutual funds, endowments, insurance companies, IRA retirement accounts, and more. Given its historical returns, allocating 1-3% of the investment portfolio to a spot BTC ETF makes sense, especially since financial advisors have reason to recommend it. Emphasizing the passive investment amount flowing into TradFi tools cannot be overstated.