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 the only ETF that is not custodial that has a pending ETF is Fidelity . 

All the rest seem to be in Coinbase Custody once/if approved .

the waters for the real satoshis are about to get real choppy in the next 6-8 months in my opinion 
 Yes, why i signaled out fidelity. Also someone has gemini listed I'm pretty sure.. But imo they will approve most at once, so they'll have to settle with coinbase first. 

I think sec is right, coinbase was selling securities. So it could bring us some cheap sats. 

We'll see.  
 the question is will the SEC really want to take out the biggest exchange in the US over them sellin securities all these years