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Pompliano Says a Bitcoin ETF Beats Hardware Wallets on Security

By Shiraz Jagati

Anthony Pompliano says a spot bitcoin exchange-traded fund (ETF) is “the single most secure thing” for people holding $10,000 to $10 million in BTC, putting him at odds with crypto’s self-custody creed. “Optimizing for Security” The investor and podcast host made his case when he was asked how someone should store a…

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Exchange-traded fund

An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.

ETFs offer low-cost, diversified investing and are a fast-growing way people save.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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