Couldn’t agree more.... So much hype circulating the ETF currently when in reality it’s doing more damage than good. A lot of people are getting distracted and praying this will be a catalyst for a bull run, when in reality quite the opposite could be the case as the price of BTC as of now are not appealing to big players who are very aware prices can be dumped to a more profitable level at the click of a finger.
Adoption must come first, this brings a new wave of capital to the market which we need to aid the increase of price, a lot of big money is already locked into this market from the prior bull-run as we all sit patiently waiting for the next surge.
Once adoption has grown sustainably, bigger players will be more enticed to drop big capital into the market as FOMO kicks in once again they will miss the boat.... Always stay focused on the long-term horizon. It’s a lot closer than you may think.
