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SECTOR ETFIBITFBTCMIXEDSubstantive discussion · 3/5

No single ticker was named. Bitcoin ETFs are one way for retail investors to get exposure. Not a recommendation.

Spot Bitcoin ETFs introduce structural self-custody friction

The structural design of Wall Street spot Bitcoin ETFs adds friction and tax overhead for investors attempting to move from indirect exposure to self-custody.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE
Spot Bitcoin ETFs introduce structural self-custody friction · Zortix