Ethereum

After digging into a bit, seems like there are two decent options for gifting crypto in small amounts to children that aren't yours:
1. ETFs in custodial / UTMA accounts (no ETH yet!)
2. Onchain custody route (multisig w/ parents)

Details and reasoning below, what am I missing?

I’m trying to do this for a charter school I’m on the board of, and I want to get some lightweight education about how to manage it: have you started any documentation yet?

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i have not. i'm just trying to figure out how to give my nephew crypto :)