I hope people are not too blinded by greed to see the dangers of Bitcoin ETFs and the centralization of the tokens in Fiat controlled trading platforms.
Let's discuss..
Do you still think Bitcoin ETFs are the Knight on the white horse?
I've had thoughts like yours for a long time, but because of the hype, I finally didn't continue with those thoughts because Bitcoin investor friends always thought that ETF approval could create bullishness. When we talk about bullish that means for me it's a positive thing but on the other hand there is a point that we forget institutions want to control the market as they please. This idea continues to be opposed by everyone I know and they ignore the negatives. I admit that the existence of this ETF is a time bomb for Bitcoin because the control of large owners is no longer in the community but in a large entity which already has experience in the global market. Therefore, people now have to become aware and pay attention to the Bitcoin market. Is a bullish increase occurring? or vice versa? Maybe with this incident there are many of us who admit and say: it turns out Bitcoin is better off not being infiltrated by big institutions because this will create more differentiation between us retailers and those institutional whales.