Bitcoin ETFs are quickly becoming the modern-day equivalent of Executive Order 6102 from U.S. history. Just like the order, which prohibited the hoarding of gold during the Great Depression, Bitcoin ETFs prevent people from owning Bitcoins, but instead let them own some worthless tokens/certificates.
With more than 30 Bitcoin ETFs collectively owning over 1 million BTC as of May 24, it's clear that once you trust the central entity and think that compliance is necessary, you are definitely losing your sight, becoming comfortable in darkness. Remember: "Don't trust, but verify. Be your own bank". If you sell your precious sats in return for some worthless tokens, you'll remain a slave, and never be free.