Some other things bankers (=government) gain by running bitcoin ETFs
-more control over bitcoin narratives
-increased regulations, kyc, compliance
-more control over price in fiat
-more control over the industry
The fees are nice but these are a lot nicer.
Same thing they have done to social media, and to everything: regulate the fuck out of it so only the giant cronies who comply with "the greater good" and fuse with the State apparatus can survive.
That's exactly what fascism, aka corporatism is and how it works. In China, in the US, in Europe. Same identical system.
