When etf is possible now, and the market is falling down, like now,complete. Where is the winning factor of etf? It´s the same, when i invest in single coins at time. Because all coins are connected to bitcoin, other to ethereum and so on. Etf is not the holy grail, not under this conditions at time. There is at last no different.Every coin has to become independent from others.Only then do etf make sense. So, the discussion is senseless, whether etfs or not. This is not the solution! The only solution i think, is you can buy and sell with dollar or euro every single coin directly. No changes to bitcoin, ether and others and than to dollar or euro. That´s why i mean the exchanges are the problem, not the coins!
If the coins work just like the fiat money system, what are the coins good for? then they are superfluous and we can return to fiat money again. The most biggest mistake is to copy the fiat system, to become serious. This only will be the end of all coins. That´s my opinion! Coins must be different than fiat money. Not a replacement, but a supplement or something completely new. But at time coins will go the same way like fiat money. That can not be the right way. At the beginning, we all love bitcoin, litecoin, because this was something new, different than the exist fiat money system. That´s why it becomes legendary. That´s what most people has forgotten. When there is no different to fiat money system and shareholders, why someone should use it?! Than it will be better to trade the fiatmarket, because it´s more stable than coins. And at last, the fiatsystem is broken at time. Is this a good way to copy this all?! We must change our mind, and think different.