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RE: Is the Bitcoin ETF bad for the self determination of Bitcoin?
I doubt it will be any worse than what we typically experience with whales and formerly from zero-fee mega-leveraged Chinese day traders.
One scenario that occurred to me is that maybe elements in the SEC (i.e. deep State) may favor ETF approval in order to game it, or even hack it, and use that as a rallying cry to ban Bitcoin and all cryptocurrencies as 'unsafe'.