PlanB Shifts Bitcoin Holdings To ETFs Saying He’s No Longer A ‘Maxi’ — Peter Schiff Reacts: Apex Crypto ‘Not Fulfilling Its Supposed Purpose’
Posted On February 17, 2025
Influential cryptocurrency analyst PlanB said Saturday that they have transferred all their spot Bitcoin (CRYPTO: BTC) to exchange-traded funds, seeking a hassle-free trading experience and “peace of mind.”
What Happened: The influencer, known for creating the popular Stock to Flow price prediction model, was motivated by the convenience of managing Bitcoin in the same manner as equities and bonds.
“Also, not having to hassle with keys gives me peace of mind. I guess I am not a maxi anymore,” the analyst said, pivoting from the “not your keys, not your coins” position, which promotes holding cryptocurrencies in a self-custodial wallet.
“In my view, ETFs are a logical step in Bitcoin adoption, next to holding your own keys,” PlanB added.
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