Bitcoin is back in the green for 2026—but why is retail still jumping through hoops to access a truly in-kind Bitcoin ETF?

Today on Bitcoin Today, Fred Krueger, Dom Bei, Matt, Dark, and the community explore the growing divide between institutional Bitcoin access and individual ownership. From ETF mechanics and Bitcoin-backed borrowing to self-custody and privacy, this conversation looks at what financial access really means in a Bitcoin world.

We also cover the market forces capturing attention—from oil and war concerns to the Anthropic IPO and the AI infrastructure build-out—and discuss the risks and trade-offs behind Bitcoin ADRs, including custody, counterparty exposure, settlement, and liquidity.

The episode wraps with a practical conversation about self-custody, Satoshi’s “no trusted third parties” principle, keeping KYC-free Bitcoin private, and Entropy Lab, an offline tool for generating seed phrases from dice rolls and auditing wallet activity.

🎙️ MISSED THE LIVE SPACE? Bitcoin Today is a daily live conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. This is the full replay of today’s Space.

📍 FOLLOW THE CONVERSATION Follow @BitcoinToday__  on X for upcoming Spaces, daily Bitcoin discussions, and show updates.

🎧 FOLLOW ON SPOTIFY Follow Bitcoin Today Recast to catch every episode and keep up with the conversations shaping Bitcoin.

⚡ SUPPORT BITCOIN TODAY If you value open, thoughtful conversations about Bitcoin, support the show and help us keep bringing the community together.

X Money: @LorenHodl