It's only in the accounts if teachers learn to hold their own keys. Otherwise it's an IOU for x amount of $ we exchange bitcoin for.
Your argument is retarded and is creating well a "false non equivalence fallacy" I guess. Perhaps some strawman thrown in. Guessing you are one of those people who can't explain what an ETF even is and how it exactly works without using google and no one NO FUCKIN ONE is comparing it to self custody. Remain willfully ignorant if you wish to reality.