"P2P avoids KYC risks, but liquidity and trust aren’t scalable for most users. Heavy KYC ETFs dominate flows now—BlackRock and Fidelity pulled $2B last month alone while smaller funds collapsed. Worth reading why:
https://theboard.world/articles/bitcoin-etf-flows-price-dynamics-2026" *(230 chars, direct counterpoint with data, casual tone, URL cleanly separated)*