The cost of Bitcoin spot ETF over self-custodyThe cost of Bitcoin spot ETF over self-custody

the cost of ignorancethe cost of ignorance

https://m.stacker.news/4441

• ETF (assuming 1% fee)
  • After 30 years, you lost 26%~ of your btc to fees.
• IFA Managing a portfolio using a Bitcoin instrument (assuming 2% fee)
  • After 30 years, you lost 45%~ of your btc to fees.

ETFs may seem convenient for normies and no-coiners, but the fees will add up. Not to mention the taxes they would have to pay when "cashing out". Is it really that hard to self-custody 12 words and avoid all that crap?

https://m.stacker.news/4446

Spreadsheet from https://twitter.com/Mitesh_Patel
Source from https://twitter.com/Mitesh_Patel/status/1717932675808350714