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Maybe i'm wrong, but ETF's just look like people speculating on the dollar exchange rate with a Coinbase account - which is like 2013 behaviour, isn't it ?

Sure they've got deeper pockets than the 2013's, but they're reactionaries, normies, laggards - they're a decade behind the curve of Bitcoin (they're on the curve though, so still ahead of most others in the world, i suppose).

Maybe the signal being given there is that it's late phase speculation, not ending, but a fading era - and where's Bitcoin going next ? MOE perhaps ?