You lose the ownership once you give up the asset. According to UCC 8, all assets are pooled and hypothecated and during liquidity crisis, the ownership of the assets goes to secured creditors i.e mega corporations. It applies to all assets be it stocks, bonds, etfs, your collateralized loan. You are just one liquidity crisis away from losing your stack. I advise you to watch this video or read the book The great Taking. Also we are very close to a point where governments are gonna seize the assets which you don’t own physically. So I won’t lend a dime to anyone.