PlanB, the pseudonymous creator of the Bitcoin stock-to-flow model, declared his satisfaction with moving his Bitcoin holdings into exchange-traded funds (ETFs). On Monday, October 12, PlanB posted on X, stating, " Update I moved my bitcoin to ETFs in 2025 and got a lot of heat for that decision. Then the Coldcard entropy issues came out. Then Ledger devices with unauthorized hardware implants were discovered. Zero regrets of my ETF decision. Peace of mind." The statement underscores his conviction that the security benefits of ETFs outweigh previous criticisms regarding his move away from self-custody.
The comments come during ongoing concerns in the digital asset space regarding hardware wallet security. Gokhshtein Media recently reported that Pete Rizzo warned Bitcoin hardware wallets were under attack, highlighting vulnerabilities and risks associated with self-custody solutions. Bitcoin's price has experienced significant volatility in 2026, with ten extreme swings outpacing the 2018 bear market, according to recent coverage. The Crypto Fear & Greed Index currently sits at 69, indicating 'Greed.'
PlanB's view suggests that for some investors, the perceived security and custodial reliability of regulated financial products like Bitcoin ETFs offer a preferred alternative to managing the risks of personal hardware wallets. His statement implies that the trade-off of giving up direct control for institutional custody is justified by reducing exposure to potential hardware vulnerabilities. Investors may increasingly weigh these security considerations when choosing how to hold their digital assets.
