Quote from: Alpha Marine on September 08, 2025, 04:14:03 PM

Quote from: Swordsoffreedom on September 07, 2025, 02:57:44 AM

Quote from: Darker45 on September 07, 2025, 02:28:13 AM

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I'm confused. If a person has held bitcoin for a very long time, what is the purpose of moving those coins to EFT? From what I understand about ETFs, there is no added advantage aside from the fact that you don't have to worry about the security of your bitcoin. So if a person had held the coin for over 5 to 10 years without compromising, what then is enticing him about his coins to an ETF address? Is there something else attached to it?

I wouldn't mind if new investors opt for ETFs because they may simply want to invest in bitcoin without dealing with it, but old-timers? To what ends?

I doubt this is what really happened. Has there been specific information that really proves somebody who has been into self-custody sold his/her Bitcoin just to buy back through an ETF? I don't think so.

It's possible a long-time hodler sells his/her Bitcoin due to some reasons, and then when he/she made enough extra, got back in. Only this time it's via ETF. That's one thing, but it's quite another to say that a long-time hodler simply moved to ETF.

Or perhaps long-time retail investors are selling for profit and then those coins are absorbed by ETF custodians. Lately, the demand from ETF companies are so bullish.

Regardless, this is a step backward.