The way I see it it's the other way round, ie. Bitcoin having infiltrated the global elite. Though that is, imo, too monolithic a term, which is why we are seeing regulation and demonization at the other end of the spectrum, ie. pushback by the parts of the owning and governing class that have not yet aligned their interests with Bitcoin.

I do agree that the slow descend towards further and further centralization is a concerning one (ie. the step from cex to etfs) but to be honest in that case it's on us to steward and promote self-custody over complacency.