Danny Sanders, Trezor’s Chief Commercial Officer, said using spot Bitcoin ETFs instead of holding coins directly would be detrimental to Bitcoin’s core design, The Block reported.
Trezor Chief Commercial Officer Danny Sanders said a growing preference for spot Bitcoin ETFs over self-custody could weaken one of Bitcoin’s defining principles: direct ownership without intermediaries. Sanders argued that treating ETFs as the default way to gain Bitcoin exposure would be a negative outcome for the asset’s original ethos, even as such products broaden market access, The Block reported.