'Not a Maxi Anymore:' Plan B Pivots to Bitcoin ETFs
From by Bitcoin.com
Plan B, a bitcoin analyst who is famous for his stock-to-flow (S2F) price prediction model, has announced that he sold his tokens, pivoting to bitcoin exchange-traded funds (ETFs). Predicting a negative backlash from the community, he stated : “Yes I know, not your keys not your coins. But it is just easier for me to manage bitcoin the same way as equities and bonds.” Plan B also referred to the sense of freedom of not having to deal with the specifics of self-custody. “Not having to hassle with keys gives me peace of mind. I guess I am not a maxi anymore,” he stressed. Answering criticism directed toward his move, he declared he believes bitcoin ETFs were a “logical step in bitcoin adoption, next to holding your own keys.” “I honestly didn’t know ETFs were so controversial,” he concluded.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
OPNUSDT now launched for pre-market futures trading
Join the BGB holders group—unlock Spring Festival Mystery Boxes to win up to 8888 USDT and merch from Morph
Trading Club Championship (Margin)—Trade to share 58,000 USDT, with up to 3000 USDT per user!
CandyBomb x XAUT: Trade futures to share 5 XAUT!
