Quote from: Sticky Bomb on September 05, 2025, 05:23:58 PM

Quote from: BTCETFInvestor on September 05, 2025, 05:13:48 PM

Quote

Bitcoin is moving from long-term holders into new addresses managed by ETFs

Bitcoin ETFs, first approved by the SEC in January 2024 after more than a decade of denials, allow investors to gain exposure to BTC without the need to buy, hold, and store Bitcoin directly, avoiding the complexity of crypto exchanges and wallets. BlackRock's Bitcoin ETF alone now holds over $83 billion in assets under management.

https://finance.yahoo.com/news/bitcoin-etf-flows-save-btc-162652497.html

This however is a case of people who are not interested in being responsible for the full security of their Bitcoin, they buy shares of crypto portfolio managed by those ETF providers.

This isn't the main idea of Bitcoin. Bitcoin was created for decentralization and self custody and those entrusting theirs to centralized schemes risk losing their coins if the ETF platforms should collapse.

You are right - Bitcoin development is still moving along the path of its core
principals. Some people dont care about those and are only interested in the
ROI ^{return of investment}.

They dont care about decentralisation or self-custody.

Quote from: Fiatless on September 05, 2025, 05:42:02 PM

Quote from: BTCETFInvestor on September 05, 2025, 05:13:48 PM

Quote

Bitcoin is moving from long-term holders into new addresses managed by ETFs

Bitcoin ETFs, first approved by the SEC in January 2024 after more than a decade of denials, allow investors to gain exposure to BTC without the need to buy, hold, and store Bitcoin directly, avoiding the complexity of crypto exchanges and wallets. BlackRock's Bitcoin ETF alone now holds over $83 billion in assets under management.

https://finance.yahoo.com/news/bitcoin-etf-flows-save-btc-162652497.html

There is nothing to discuss here. If a long term hodler decides to move his coins to a centralised platform, that's his choice. Maybe he decides to sell his coins to an ETF provider or convert it into shares. It's no big deal.

Yes and also we have to remember that $100,000 was a target for long term
HODL'ers to take their profits and rewards for their Diamond hands and they
could/can do that whichever way they fancy, even selling direct to an ETF fund.