The ETF was just hyped up and plays no role anymore in people's minds. Right now it's the negativity around BU that is dominating and suppressing the market. Problem here is that we just don't know when things get solved. If pools want, they can make an end to this whole situation pretty quick, but they can also keep stretching things up till next year. That's why I will keep holding a conservative position till SegWit is activated.
BU is important only for Bitcoin users. For the vast majority of the public (who don't use BTC right now), the news about ETF is going to be the most positive coverage of Bitcoin after quite a long time.
BU isn't important for anyone beside Ver and Wu. It's nothing more than an attempt to take over Bitcoin in a hostile manner. Other than that, your post doesn't make any sense.