NOTE : Questions from LAYMEN.
bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF.
I think if ETFs don't approve and even ban bitcoin, it can cause a shock to the world economy, especially the world of crypto currency trading, I think ETFs are well aware of the consequences, therefore ETF decisions are always delayed and even back out of schedule, maybe looking for the best steps , or take the best policy without causing problems in the future.