I am seeing your views friend. Bitcoin itself as a blockchain still remains decentralized irrespective of this side chain ETF activities and others. The challenge currently about Bitcoin is its price. Many investors are not here to buy 'freedom assets' but financial freedom. Bitcoin is currently out of reach for many to keep a reasonable sum unless you are talking of just saving the fractions in BTC. As you know, no investors is interested in savings, why should it just sit there.