Eric Balchunas, a senior ETF analyst at Bloomberg, commented on the X platform that "PlanB is transferring bitcoin into an ETF". He said: "If this news is true, then as a big V with 2 million fans, PlanB's actions are enough to show how powerful the convenience of ETFs is, and there is no need to worry about being robbed at gunpoint. On the other hand, understand that those who want to control and have the keys themselves, they do want to control the keys themselves."