To me it seems evident at this point that all the ETFs are is an attempt to control the network. They want to centralize the supply in the hands of a few actors (ETFs) which are ultimately all the same hand at play (the US government in this case) which then will proceed to attempt to fork the network for whatever agenda that is trying to be meet with that. It is literally on the documents:



So while this may be bullish for the price now, we'll see how this turns out eventually when shots start being fired.