Here is another shocking fact....the money you put into your savings account it not really there. And if the bank goes bust...your deposit is a liability and would be among the last items to be paid through bankruptcy.
(Of course the FDIC insures most of deposits...but the point I am trying to make is that most people have little understanding of how little they actually own.)
Its like they say with gold...”if its not in your hand, its not yours!”
This is why I won’t be giving up my self-directed IRA holding cryptocurrencies in my own wallets, rather than investing in a bitcoin ETF, any time soon. Not your keys, not your coins...