Bitcoin analyst PlanB moves all its BTC into spot ETFs
One of the main reasons for the decision was a security issue with private key management
17.02.2025 - 10:40
432
2 min
0
What’s new? Bitcoin analyst PlanB announced that he has moved his entire BTC portfolio from self-storage to Bitcoin exchange-traded funds (ETFs). In a February 15 post on his X account, he explained that the move allows him to manage his assets in the same way as traditional financial assets such as stocks and bonds.
The analyst also noted that he is “not a maxi anymore,” referring to holders who favor holding BTC completely on their own. He stated that ETFs offer a convenient alternative that reduces the complexities and risks associated with holding private wallet keys.
What else is known? One of the main reasons for PlanB’s decision was the security issue of private key management. While bitcoin proponents emphasize the importance of users retaining full control over their assets, self-storage entails significant liability, including protecting private keys from theft, hacking, or accidental loss.
According to the blockchain security company Cyvers, cryptocurrency-related hacks rose sharply in 2024, with more than $2.=,3 billion stolen in 165 incidents — a 40% increase from 2023. Such risks have prompted some investors to look for safer, more regulated alternatives such as bitcoin ETFs.
PlanB’s decision drew mixed reactions from its 2 million subscribers. Some supported its pragmatic approach, while others questioned the move, arguing that ETFs contradict the core principle of bitcoin ownership — decentralization and self-sovereignty.
What is the situation with ETFs? Spot bitcoin ETFs continue to be in high demand. Bitwise chief investment officer Matt Hougan predicted that US spot bitcoin ETFs could raise more than $50 billion in 2025. He noted:
“So far, so good: Spot Bitcoin ETFs pulled in $4.94 billion in January, which annualizes to ~$59 billion.”
His forecast echoes that of Bitwise’s research head, Ryan Rasmussen, who previously predicted that ETF inflows in 2025 would surpass those in 2024.
Useful material?
Incidents
In a single week, hackers went after PHP websites, the Railway cloud platform and a medical company, and experts started talking about a crisis that is only just beginning.
Oct 28, 2026
Incidents
In 104 minutes, the attacker emptied 1,404 addresses before validators halted the network and froze almost all of the loot.
Oct 19, 2026
Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Telegram
Twitter