Very interesting to see that most of this companies are using Coinbase exchange as their custodian, except VanEck using Gemini exchange and only Fidelity is using self-custody.
This tells you we still have long road ahead of us until people realize importance of self-custody and holding your own keys.
Shut down, compromise or hack Coinbase and most of this ETF's are gone.
I always think that it is best to buy and store bitcoin by ourselves no matter it is big or small investment. People who spend money to invest in Bitcoin Spot ETFs should know they have double risk.This tells you we still have long road ahead of us until people realize importance of self-custody and holding your own keys.
Shut down, compromise or hack Coinbase and most of this ETF's are gone.
Risk from management of that Bitcoin Spot ETF.
Risk from the custodial entity, here most Bitcoin Spot ETFs choose Coinbase.
By the way, just know that there is another Bitcoin Spot ETF tracker.
