I have always thought that even if Bitcoin can't introduce ETF, it can still develop well, but if ETF succeeds, then the market will grow faster!
ETF created problems for bitcoin and I think ETF is the cause for lower price of bitcoin. Due to low price and decreasing price of bitcoin most people are now converting their money to Altcoin because they think and I also admit that Altcoin possess more potential than bitcoin . Why one should lose his money or waste his time in bitcoin? They are happy in Altcoin.