We will never know until we see it. But on this community, everyone can speculate what they think about as long as there's some valid points being said just as what Arthur has said.

I think that this is all about people will be having lots of choice to touch the market without actually touching it, like the logic is that and he's into this business for so long.

@OP, you can copy this link and code as it looks troublesome with that link you posted: https://cointelegraph.com/news/spot-bitcoin-etf-could-completely-destroy-bitcoin-arthur-hayes]Spot Bitcoin ETFs could ‘completely destroy’ Bitcoin: Arthur Hayes