i dont think even educated bitcoiners understand why self custody is important. it is generally preached that its more secure because exchanges are shady and you could lose your funds. if the state would give assurance to ETF holders that if their funds are lost, even from a maxi bitcoiners viewpoint then, holding you own keys would be irrational because you arent insured if you lose them giving little rational reason to self custody.

so rather than worry about other people, might want to ponder what the novelty in the possession of bitcoin actually is.