But it is extremely important who does the funding and gives the grants out. If it is anonymous communitythen all great..when you get big money Wall Street gang stepping in and possibly giving grants to open source software devs then yes it is normal that a lot of people freak out and are against it. BTC community wants what's best for BTC but Wall Street wants what is best for Wall Street.
Discussion
Agree...funding sources can come with baggage. However an ETF owner giving a percentage of proceeds back to Bitcoin devs, isn't bad willed, IMO. Maybe if it was done directly, but it's not being done directly. It's being done indirectly through existing funds.
I don't think with all respect that anyone can tell if it is bad willed untill shady shit starts happening. We tend to forget that #bitcoin was created to literally FIGHT THE WALL STREET AND FED GANGS and now we are close to saying : if they give bitcoin devs some money it is not that bad. ETF are not friends of Bitcoin. There is a lot of wealth in BTC community, why the grants can't come from the "inside"?
I don't trust VCs, bankers, Black Rocks and others. Getting even some control over BTC protocol is the biggest wet dream of representatives of the falling system. Thanks God For Consensus.