My opinion on the matter has already been stated.

ETFs are bad for the decentralization movement but are going to happen anyway. Luckily, we all got in before all this madness goes down. From a financial perspective, who cares if Bitcoin gets pump and dumped at 100k to 25k if you bought in at 7k?

Hopefully, the coins of the future find a way to cut themselves off from traditional markets. We don't need their toxicity.