My cure for insomnia may include reading the terms and conditions for different things that interest me.

So I jumped in with both feet on PayPal and their crypto product https://www.paypal.com/us/webapps/mpp/ua/cryptocurrencies-tnc
PayPal Cryptocurrencies Agreement

PayPal Cryptocurrencies Agreement

https://www.paypal.com/us/webapps/mpp/ua/cryptocurrencies-tnc
PayPal is buying through Paxos, so it's not entirely a CFD, but you are basically buying into an open-ended fund when you buy through PayPal.

Paypal holds all accounts as shares of an omnibus account which then trades through Paxos.
So you own a share of a fund that uses a trustee to establish a fund...

It’s essentially being treated as an investment fund of sorts. I imagine the next step would be for PayPal to acquire an exchange at some point in the future.
A final thought. The mantra of “not your keys / not your crypto” will probably be one that is lost to newcomers at some point in the near future.
You can follow @hellen4327.
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