Most of these ETF's have shitcoin custodians and extreme danger associated to them, but even the ones that don't are not safe.
What are ETF holders going to do if Bitcoin forks and the government, the shitcoin custodians, or the ETF themselves refuse to allow you to follow the Bitcoin chain with its existing properties or appropriate upgrades? What about errors on these custodians part? Employee theft? These shitcoin custodians becoming scam victims themselves? These are events we see every cycle, let alone the risks of outright government intervention as has been historically seen with other assets like gold. We also see legislation floated across the world on a seemingly monthly basis - banning "unhosted" wallets, whitelisting recipients, even outright bans in some regions and more.
Not your keys, not your coins has been a mantra here since the Mt. Gox days. I'd follow it with the simple phrases "Not your node, not your code" and "Not your code, not your consensus".
Those of you who have ignored these warnings from the community or who once held these values and abandoned them - what is your plan should these ETF's fail like so many before them? How long do they need to stay solvent for the tax bribery have been worth it?
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