sometimes it doesn't have to really be a big thing to help with the little push needed for the bitcoin adoption to occur. sometimes a little hype is a good thing. some people need that little push to start opening their eyes on reality after years of listening to nothing else but FUD and being brainwashed with it.
A true Bitcoin investor will not be happy, if a Bitcoin ETF is approved, because this will only create massive volatility in this market.
I'm not sure that this is true.
we already have high volatility and manipulation in the market so it won't get any worse. but ETF can help grow the size of the market which can actually reduce volatility and effects of manipulation.
I would agree that a bitcoin investor would not be happy, if a Bitcoin ETF is approved. it does break a seance of the "bubble" and it really is a massive breach.