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IMO as soon as you do that you devalue your holding. There's a premium to holding your own SATs. Minus that premium from the share ETF price and that's the value of the stack

Now I’ve never converted real bitcoin into the ETF. My boomer mother has a retirement account and I’m moving everything into FBTC for FTW. Because I do not want to handle her keys nor is she interested in managing keys this is the way .