US based ETFs will ruin what Bitcoin once was. They are the gateway to US Government heavy handed regulation. And they want to harm it all they can.
The sane unregulated era is over. Banksters and Government are too deeply involved now to fool with it.
I have similar worries. It will not longer be a private exchange medium, but it will become the hedge against Fiat for elites in 10 years.
Yes. ETFs run completely contrary to the hopes of the decentralization and escaping government control of bitcoin.
ETFs are just a simple way for the masses to get into bitcoin, but not the only way.
I would never buy an ETF bitcoin.