The ETF is a non event in the bigger scope of things. As a former financial professional, I saw how the false sense of security and trust is used against people who spend real energy saving in currency to buy imaginary financial products for a retirement that won't be what they expect.

This is an attempt at the financial industry to corrupt a good idea and turn it into something they'll destroy, then move on to the next thing. Just like commodities, metals, real estate, they'll make a derivatives market and likely create another planned narrative, crash the system, then blame bitcoin.

The current system is successful at making you sick, then selling you the cure.