Bitcoin ETF collapse risk: Why sponsor failures do not threaten investors’ assets

🚨 ETF sponsor bankruptcy does not put investor assets at risk in $BTC spot ETFs.
💼 Custodians hold the Bitcoin separately, while ETF shares offer indirect exposure.
🔒 Sponsor failure differs from custodian failure, which presents other risks.
📈 Traditional Wall Street is moving to Web3 and asset tokenization platforms.

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