Bitcoin storage: five options beyond hardware wallets and their trade-offs
A new article outlines five ways to store bitcoin besides hardware wallets such as Ledger, including ETFs, passkeys and multisig accounts. Each option comes with its own risks and trade-offs. For traders, it is a reminder that how bitcoin is held can affect security and access.
Why it matters
- Hardware wallets are not the only way to protect crypto holdings.
- Options mentioned include ETFs, passkeys and multisig accounts.
- Each storage option carries its own risks and trade-offs to weigh.
What to watch next
Watch for any changes in how bitcoin ETFs and other custody options are offered or secured, since each carries its own risks.
