One of the critiques was from Professor Bitcorn
That guy doesn't seem to really know much about the technicals or fundamentals of bitcoin, but I actually agree with the ETF decision for a few reasons. Bitcoin has no transaction finality or even eventual consistency since technically the entire chain can be re-written, and in order to make any claim of being decentralized (unlike Vitalikcoin), that's the way it has to be designed; so bitcoin does not, and probably never will, fit into any existing legal system.
thats almost like saying company XYZ can't be listed because half of the board can potentially leave to start a competing company, isn't it?