When the success of bitcoin will be connected with the accept of bitcoin etf, than this way is the way to centralised the decentralised market. And also it´s an extortion fact. We all know the message which are on net, where Warren Buffets says, we are in war. But it is the war, the rich against the poor.
Because the decision was postponed to the end of september, it´s enough time to drop the market down to a point, where the most will sell their coins, and bitcoin will be on the lowest price. When this happens, it could be they will allow bitcoins etf. The affect will be, that big investors will buy and the price will rise again. But most small investors will be dissapointed and angrily, and hate the coins.
The other way, bitcoin will not fall down. Than the bitcoin etf will be not accepted. This game will restart untill, the bitcoin is down, and most people are running away. Untill than the big whales will come back and make profits.
This is the art of war, i think, how the richest will win the war against the poor.
What will be the best solution for this?
Forget the etf fond for bitcoin. ETF Fonds are not the holy grale, its a trap! And important every coin must be independent of the bitcoin. This, i think is the only way for all coins to survive! We need at last better exchanges or new ways.
It´s the time for changes, now!