I respect your opinion and you have a point, but I can't entirely agree. Bitcoin is a blackhole for fiat currencies. If the Cabal behind the Central Banks print more, Bitcoin will absorb more and add to its market value. It's currently right there happening in front of us, and the ETFs will make the trajectory to six digits steeper and faster. Plus wait for QE when there's more liquidity available in the system. It might be "Oh My God It's Christmas" during March of 2025.
Wait?
Would be great right if bitcoin drive its value and more and more people join the crypto industry right or I am missing something here so in my opinion Bitcoin ETF is great but anything also has advantages and disadvantages
the big Disadvantage is those companies like BlackRock and other US companies will have the majority of Bitcoin maybe in total would be couple of percent of Bitcoin supply