Bitcoin ETFs Challenge Self-Custody Ideals

Bitcoin ETFs Challenge Self-Custody Ideals

The approval of Bitcoin spot ETFs in January 2024 marked a watershed moment in cryptocurrency history. Yet as these regulated, institutionally-managed investment vehicles flourish, they are also accelerating a fundamental shift—away from the self-custody principles that once defined Bitcoin’s ideological foundation. Self-Custody in Decline According to on-chain data, Bitcoin self-custody has been steadily decreasing since early 20...

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