Plan B: ”All Bitcoin holdings will be transferred to physical ETFs...key management is a pain”

Bitcoin analyst PlanB has revealed that he has moved his Bitcoin to an exchange-traded fund (ETF) rather than storing it directly in order to avoid the hassle of managing private keys.
Bitcoin analyst Plan B announced on the 15th (local time) that he will transfer all of his Bitcoin from self-custody (personal wallet storage) to spot Bitcoin ET via X.
He said that he has moved to F, which allows him to manage Bitcoin in the same way as stocks and bonds. He added, "Now, I don't think I'm a maxi anymore.
" He explained that his reason for moving Bitcoin into an ETF was "because I no longer wanted to go through the complexities of private key management and wanted to manage my assets like stocks and bonds."
Plan B said it gave him peace of mind by freeing him from the hassle of managing keys. Bitcoin maximalists believe that users should always keep secrets.
While some argue that you must keep the keys in your own possession, self-custody comes with the responsibility of keeping the keys safe from risks such as hacking and theft.