Everything that has advantages also has disadvantages. Institutional investors attract more money and attention to the Bitcoin space. Many people who never knew anything about the currency will begin to be aware of what Bitcoin stands for. Some persons would never have invested in Bitcoin if not for the ETF because they can't keep their keys or passwords safe.

But all this attention and increased Investment comes with a price which is centralisation and loss of privacy. The only reason why the SEC approved the ETF is because they have devised various mechanisms to control the sector.

We cannot stop these investors from acquiring Bitcoin because it is a free market but we can still maintain our privacy and enjoy decentralization. Nobody will force you to sell your coin to anybody, it's still a matter of choice. It will also be difficult for these institutions to control the market because Bitcoin is still decentralized. I sense that the government will target decentralized platforms shortly but for now, we still have a choice.

People will always invest in profitable areas. The only problem is that they are investing in the right currency through the wrong channel. Sadly many of them don't know the implications of what they are doing because they don't have enough information about Bitcoin. Maybe a hack or bankruptcy or these centralized platforms will force them to learn more.