ETF has nothing to do with decentralization, stay away.
The question here is rather whether you want to profit from the Bitcoin price, in which case an ETF is the right option for people who are not confident in dealing with physical Bitcoins. But if you see Bitcoin as an alternative to the currency system and are more ideologically motivated to invest in Bitcoin, then I agree with you that an ETF is the wrong option.
people couldn't resist that's why they pushed for that ETF but the negative effect will come in the long term. we\re happy ffor the approval though.
there were posts weeks ago that a pool tried sensor transactions which i wouldn't be surprised if it was the institutions who influenced them to do it since they are also investing in the stocks of these mining companies.
Whitney Webb a renowned journalist has been discussing BlackRock's agenda for BTC for a while and she said it started since the plan to censor the internet.