A lot of folks are talking about ETF's like a giddy school girl .

Confessedly , I don't know anything about it , or it's implications for Bitcoin.

Should I be hurrah-ing like other people are ?

It doesn't feel quite right to be cheering on the likes of Blackrock , an ostensibly Lovecraftian money-monster that made it's way through some nether pit of hell when some wall street suit wanted to impress some hooker with esoteric dark magic at a coke orgy.

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They're cheering because price will go up.

This is how you can diversify between people that just want to get rich on Bitcoin and people who see the true value of Bitcoin.

You are totally right.

That's not the kind of adoption growth we should be happy about.

Institutions putting their dirty hands on btc will only make it more volatile and more regulated.