So is there a contingency plan in place?  Whether or not the ETF comes through (and even the dev admits it's a very long shot)... if there is simply no way for any 'new money' to enter the AR pot - it can't really survive.  Despite hating the logo and having intermittent issues with the wallet I had some hope for this coin simply on the basis of rarity and price stability - especially since those superficial issues could easily be dealt with down the road.

Can't complain because I made some nice gains on my investment, but if you don't have an exchange... you don't have any liquidity (didn't have much anyway really even with Bittrex).  Without liquidity you don't have any possibility of an ETF... how can you have a financial instrument for a property with no real value?  Unless there is a 'store' or some other place where you can exchange AR for something of equal value... regardless of the initial investment price - the real value is zero.  There aren't any ETF's for the price of air... just sayin'.