ETF is the tools governments and sec is using against bitcoin and cryptocurrencies market.  If we can just focus of seeing bitcoin as a mode of payment or money it will do more good than see it as stocks which ETF stand for.
Bitcoin might go down beyond $2,000 considering the state of the market.  I think now should be the right time for us to understand why bitcoin keep going down.  The momentum indicators are are showing more downwards trend and we should just wait if we want to buy at the bottom.