ETFs originated in the stock market and are an attempt to transform crypto currency markets into regulated markets just like the stock market. Regulations simply mean the rich will get richer at the expense of the poor. The whole point of decentralization and crypto was because the regulations only work for the rich. Even Elizabeth Warren, who stands against crypto, has admitted that. She herself said, "Today the game is rigged—rigged to work for those who have money and power. Big corporations hire armies of lobbyists to get billion-dollar loopholes into the tax system and persuade their friends in Congress to support laws that keep the playing field tilted in their favor. Meanwhile, hardworking families are told that they’ll just have to live with smaller dreams for their children."