Remember...

ETF #Bitcoin is bad

- It is not real bitcoin

- It is not an on-chain UTXO

- It does not have a private key

- You can not spend it how you like

- It is notcensorship-resistant

It is not what bitcoin was built for.

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Discussion

It was also unavoidable and gives normies a sense of safety because they trust authority for some reason.

No doubt. Just calling a spade a spade