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Hardware wallet manufacturer Trezor's Chief Business Officer Danny Sanders stated that concentrating Bitcoin holdings in ETFs rather than user self-custody is the industry's "worst outcome." He said that there are currently about 600 million crypto users worldwide, but only about 10% choose self-custody, with only approximately 12 to 13 million users using hardware wallets. Sanders believes the industry should continue to lower the barriers to self-custody rather than rely on intermediary institutions. (TheBlock)