I think Bitcoin can be better developed even without ETF support, because Bitcoin always grows along with the blockchain, not the ETF!
This statement is worth to read. Today bitcoin ETF is being postponed and we already see a big growth in the bitcoin price today. People were fearing of EFT rejected and now they know there will be no EFT and therefore no ETF Rejection and this has given positive momentum in the digital world. I wonder long long will this good increase in market cap will go and how will it effect the bitcoin price in the long run.
Because people really gets tired of this so-called ETF's bringing new money to the market place. And those who are waiting for the decision suddenly relieved themselves by investing in the last 48 hours pushing the price significantly higher than expected. For how long, we don't know, this might be a bull trap for all we know.