Excellent posts, you make many great points, some of which I cannot comment on because of my lack of knowledge on how ETFs would affect the market.
I do understand how HSBC and JPMC are printing paper gold and silver, buying and selling their paper BETWEEN themselves to push the price down.
A BTC ETF would be created by ?? And how can they be kept honest?
HSBC is certainly not. And JPMC ceo Dimon says BTC will "eat his lunch".
They should not be involved, IMO.
But something tells me they'll pay off whomever is necessary to be the BTC "market makers".