‘Let’s just put it in an ETF’ is the worst outcome for bitcoin, says Trezor exec
The Block·
60-second summary
Trezor Chief Commercial Officer Danny Sanders warns that turning bitcoin into an exchange-traded fund (ETF) would be the worst outcome for the cryptocurrency, as it would compromise self-custody, a major onboarding challenge. This simplification could lead to a loss of control for users, undermining the decentralized nature of bitcoin, potentially affecting its long-term adoption and value.
Trezor Chief Commercial Officer Danny Sanders said simplifying self-custody remains one of bitcoin's biggest onboarding challenges.