Actually Bitcoin ETF has got some benefits it's giving to cryptocurrency as a whole and this is something that were are not going to see taking place almost immediately, just maybe it may take sometime before it eventually comes to actually fulfilment because even after the ETF approval there will be need for some time for some others to looking in to adaptation thereafter but then Bitcoin becomes more acceptable and probably adoptable by many others by virtue if the ETF approval. This ETF approval isn't really going to give total control to the government but then there will be some form or local regulations because the Blockchain technology isn't such that you can gain absolute control over or further restrict.

In some regions there have been implications that have led to the bank of Bitcoin and some cases cryptocurrency at Large but then it still didn't give them the control or absolute regulatory power over Bitcoin and cryptocurrency in general.