What I fundamentally don’t understand about the BTCTC’s is why an investor would willingly pay a forward looking yield aggregation premium for a largely unproven strategy

These companies become the biggest target for state seizure and investors will likely have a gap in time between where they are “cashed out” in worthless dollars and when they can acquire BTC again.

Exchanges may be forced to bottleneck on ramps and off ramps. How could one quantify this risk? I don’t know but I’m going to try lol

TLDR is stay humble and send sats to self custody