Okay I guess I didn't think about it enough
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Liars always hope you don't.
Remember IBIT and other proxy Bitcoin always has the contract terms that they hold the right to pick for you in a hard fork. No picking yourself and doubling up like self custody.
We should really promote this point. People don't want to miss out on potentially a lot more bitcoin, but they probably don't know enough about bitcoin to know why it matters that the etfs hold the keys