And crypto will be better off because of it. Ethereum has a better network with more utility (contracts) and can do currency just like BTC.
Ethereum does not have a better network, we see it faster, because there are many people using bitcoin, the number of transactions is so large that the bitcoin is obstructed. Ethereum will also experience the same problem if there are a large number of users.
In reality it will be much worse as ETH scales more inefficiently in comparison to Bitcoin (the same applies to Monero and Zcash for example). Whatever open-source solution ETH deploys to improve scaling, Bitcoin can deploy it (or a variant of it) but much more efficiently.
The people who came into crypto for the right reasons (of which hoping to profit is not one of them) wouldn't even come close to ETH. ETC makes more sense in that regard.