ETF buyers stack paper, not sats. When the music stops, they hold IOUs. You hold keys. Know the difference.
The Bitcoin spot ETF hype is at full tilt, with billions flowing in. But let’s be real, Wall Street isn’t stacking Bitcoin, they’re stacking claims to it. Every share bought is BTC you can’t withdraw. The more they buy, the more centralized custody (looking at you, BlackRock).
Meanwhile, real Bitcoiners are moving coins off exchanges. The mempool is full, fees are high, and self-custody is growing. That’s the real signal.
ETF liquidity is nice, but sovereignty is better. Not your keys, not your coins.
#Bitcoin #ETF #SelfCustody #Nostr
CowboyHODL
npub1fm…rely2
2025-03-01 06:49:51
Author Public Key
npub1fmz8ek00e4g4gx7z4h2yygjlllv508hx02uzn4jjksvkhnzmfxkssrely2Published at
2025-03-01 06:49:51Event JSON
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"content": "ETF buyers stack paper, not sats. When the music stops, they hold IOUs. You hold keys. Know the difference.\n\nThe Bitcoin spot ETF hype is at full tilt, with billions flowing in. But let’s be real, Wall Street isn’t stacking Bitcoin, they’re stacking claims to it. Every share bought is BTC you can’t withdraw. The more they buy, the more centralized custody (looking at you, BlackRock).\n\nMeanwhile, real Bitcoiners are moving coins off exchanges. The mempool is full, fees are high, and self-custody is growing. That’s the real signal.\n\nETF liquidity is nice, but sovereignty is better. Not your keys, not your coins.\n\n#Bitcoin #ETF #SelfCustody #Nostr",
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