'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.
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