Bitcoin ETFs are here: Are you buying, or sticking to self-custody?

Now that you can buy Bitcoin EFTs in your traditional investment portfolios, what will your approach be to managing your Bitcoin?

• Shift to ETFs in your trading accounts.
• Shift to ETFs in your long-term retirement accounts (like ROTH IRAs)
• Continue to HODL in self-custodial wallets
• Mix of all of the above.

Here’s what we’ve heard from others:

• There’s no question that they can provide tax benefits
• They're cheap to buy and sell, but require paying a management fee (generally 10-25 basis points in the long-term).
• While they reflect exposure to the price of Bitcoin, it’s not the actual Bitcoin.
• If there's a correction or massive price increase over the weekend, you can’t take advantage of market movements.

How has the presence of these ETFs shifted your asset management strategy, if at all?