My low IQ take: I thought the two measures you discussed might have a positive effect; but I'm not so sure. Banks offering custody might be positive if the ETFs diversify their stacks amongst the banks, rather than relying on Coinbase. On the other hand, some plebs will want to borrow against their Bitcoin in order to avoid capital gains tax (mini-Saylors). This could open up risk of (more) rehypothecation.
As to the 'in kind redemption'... if the PM ETFs can be used as a guide, then GLD and SLV (JPM and HSBC custodians) only allow qualified individuals to withdraw bullion in kind. i.e. big players only. i.e. "it's a big club; and..." As gata.org has documented, these players have seemingly controlled the paper markets (especially silver) for decades.
As Tradfi gets more derivatives to play with, it could be "up the stairs, elevator down". Maybe not as dramatic as the monkey-hammer downs of the silver market, but still scary.
Retail doesn't seem to be buying. These two news events don't seem to have unleashed FUD on the plebs. With the ETFs a reality, and a Trump win behind us, there doesn't seem to be any big BREAKING NEWS on the horizon to excite the imagination.

Thanks for the tutorial. I have several OG Jades, and would get the new model if the old ones no longer performed. One small point... I have yet to see a YT tutorial showing the passphrase feature during setup. There might be one; but so far I haven't seen it. Someone setting up a Jade in the way you showed might think they could later create a passphrase. But they would have to reset the device, go to "advanced", and re-enter the seed phrase in order to create a passphrase.
I don't know about the new model, but on the old Jade, it is not so clear how to create the passphrase. Maybe most people know what the little check mark and "x" on the bottom right of the screen mean; but I had to find out by trial and error. (i.e. the 'x' is to select case/digits and symbols needed to create a passphrase.
I know this (and most other) tutorials was for basic setup; but I think passphrases are becoming more accepted by plebs; and maybe shouldn't be relegated to tutorials along with the much more advanced mult-sig.
One other small point... this video mainly focused on the QR mode. You mentioned the Jade's anti-exfil protocol (AFAIK the only device other than BitBox 02 to have it); but this protocol only works with the USB cable connected. I asked a Blockstream mod on X about this and it was confirmed. So air-gapped is maybe not 100% effective.
One last thing. I like that you used Sparrow Wallet, and that it was in dark mode. Most videos use light mode, and I can't read them with my low res monitor. I also could not use QR mode on my OG Jades with my older laptop. My new laptop can manage it; but it's slow. I recently linked another Jade device to Sparrow; and the QR scan took a long time. I have three other OG Jades linked to Sparrow, and the expub was transferred via USB cable. Now it seems that is no longer an option with Jade on Sparrow. I could be missing something; but I could only see the QR option available.
Apologies if I misuse any terms. I'm just a low tech Boomer in a Bitcoin world.

A small point... “mass formation psychosis” (to use the Dr. Peter Malone term). I was sure that this was a term coined by a Belgian psychologist; but when I did a search every link seemed to be to Dr. Malone using the term on a Joe Rogan podcast. It was only after scrolling far down that I came to the name Mattias Desmet. I saw a lot of interviews with Dr. Malone during the plague; and I'm pretty sure he referred to professor Desmet when using "mass formation psychosis". Wikipedia has a Dutch language page for him: https://nl.m.wikipedia.org/wiki/Mattias_Desmet

Reading this I wondered if you had ever read Nikos Katzanzakis' "autobiography" 'Report to Greco'? Been years since I read it; but IIRC, his journey took him through atheism/socialism/Buddhism/ and at the end, back to Orthodox Christian. In the '70s I was with a group of Buddhists visiting his grave in Heraklion and read his famous epitaph: “Δεν ελπίζω τίποτα. Δε φοβούμαι τίποτα. Είμαι λεύτερος". (I hope for nothing. I fear nothing. I am free.)

It's like that old psyche joke: "if you're always early you're insecure; if you're always late you're passive aggressive; and if you're always on time then you're obsessive. So if you're a noob you're ignorant; if you're a shitcoiner you're stupid; and if you're an all-in maxi you're retarded?

I'm all in on bitcoin. If it fulfills all of its promise, and enables a quantum leap for human society, it is still a worldly thing... immanent. The Buddha Dharma is transcendent. A "perfect world" is still caught up in suffering. Bitcoin, great as it is, is not going to get us off the wheel of rebirth.

That blockclock never going to make it to 1M. Most bearish design mimicking the Y2K thing.

Bitcoin has only one mention in The Mandible; and that is one stating it was a failure. And still it's one one of my favourite books. Ms Shriver studied up on hard money, The Fed, etc.; but got bitcoin wrong. It was published in 2016; so the research and writing must have been happening a couple of years prior, during the bear market. Regardless, her masterful description of a post fiat apocalypse world graphically makes the case for bitcoin. Am going to re-read it again soon.

FinkForkFUD and a black pill,
FinkForkFUD and a black pill...

I know, it's so 2 months ago...

I'm going to go ahead and say you probably meant "credulous" people.

"Every day is a gift... it's just, does it always have to be a pair of socks?" Tony Soprano