I prefer to own it too but for the overall ecosystem it may not be such a bad thing to have a buy-in options for normies.
BTW , corporations will play in the crypto system and will creative derivatives off of it , whether we like it or not.
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ah well, I know we do not really have a say in the matter anyway...
I just know I will own my own BTC and not anyone else
just how the markets unfold...all players gonna play to their strengths..