Pompliano says spot BTC ETFs are safer than hardware wallets for custody

Anthony Pompliano, founder of crypto-focused investment firm Pompliano Investments, said on a recent podcast that using a spot exchange-traded fund is more secure than a hardware wallet for storing BTC. Pompliano said a spot ETF would likely be the safest option for investors holding between $10,000 and $10 million worth of BTC if security were the only consideration. He added that spot ETFs rely on regulated custodians rather than direct management of private keys, meaning they differ from self-custody in both security risks and asset control.