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Analyst PlanB reported the purchase of ETF instead of holding bitcoins
Crypto expert and analyst PlanB, who created his own Stock-to-Flow (S2F) forecasting model, stated that he converted his bitcoins into funds based on the first cryptocurrency (ETF).
PlanB explained that he finds it more convenient to manage the first cryptocurrency like stocks or bonds. He added:
Moreover, the expert said that he did not know what disputes ETF causes. In his opinion, ETF is a logical step in the development of bitcoin, on par with independent storage.
We would like to remind you that during the period from February 10 to 14, 2025, the net capital outflow from spot Bitcoin ETFs amounted to $651.83 million, and from Ethereum ETFs to $26.26 million.
Earlier, we reported that in the fourth quarter of 2024, Goldman Sachs bank invested about $1.5 billion in shares of two spot bitcoin ETFs.